Today’s registration: Transaction number 5602, registered transaction price HK$6 million, rating 6.5. Shop No. 11, G/F, Po Sun Building, 87-101 Po Kei Lee Street, Hung Hom. Gross floor area approximately 400 sq ft, saleable area approximately 276 sq ft, entrance width approximately 10 sq ft, depth approximately 28 sq ft. Tenant: Fu Kang Electrical Appliances. Building age: 34 years. Facing between Whampoa Street, Pik Ka Fong, Kwun Yam Street, and Ma Shu Street.
The original owner purchased in March 2002 for HK$1.3 million, holding the property for 24 years, representing an increase of 361.5%. The latest contract signing date is June 9, 2026.
Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.8%, this shop’s monthly rental value is HK$19,000, representing its market value.
Hung Hom’s “Bik Ka Fong” (now promoted as MIDTOWN SOUTH), developed by Henderson Land Development, is Hong Kong’s largest private urban redevelopment project in nearly 30 years. It’s marketed with 999-year leasehold rights and is being developed in multiple phases. The entire project will provide approximately 2,800 residential units and a nearly 1-kilometer-long multi-level pedestrian shopping street, with full completion expected in 2027.
Rating Criteria: 5 points for market value, 10 points for excellent value, 1 point for caution. High-scoring shops require P-R-O (Prospect, Rental Value, Options, and Price). Note: The rating is only a superficial assessment. The actual value of the shop is greatly affected by factors such as utilities (fire, water, electricity, gas), lease details, ownership integrity, and potential additions. The rating is for general reference only.
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… Updating information on shops for sale in Sheng Hui in June 2026:
The following properties offer high returns:
(1) Shops 1, 10, 11, 12 & 13, Princess Building, King’s Road, Fortress Hill – Miss Ice Room
HKD 65 million, now HKD 42.5 million, 4.8% return
(2) Ground floor & mezzanine, 20-24 Ma Sha Street, Sheung Wan – Reveri
HKD 38 million, now HKD 33.9 million, 4.6% return
(3) Ground floor & mezzanine, 108 Fa Yuen Street, Mong Kok – Yin Jin Dim Sum
HKD 33 million, now HKD 22.9 million, 4.6% return
(4) 16 Dyeing Fong Street, Mong Kok – The Madhouse
HKD 28 million, now HKD 20.8 million 4.6% return
(5) Shop No. 3 and mezzanine of Kam Fai Road, Yuen Long – Egg Waffle Snacks
HKD 11 million Now for sale HKD 9.1 million 4.6% return
Other prime shops for sale:
(6) Shop D, G/F, Po Ming Building, 96-106 Percival Street, Causeway Bay
HKD 38 million Now for sale HKD 35 million
(7) Shop G/F and stairwell of 153 Sai Yee Street, Mong Kok
HKD 45 million Now for sale HKD 35 million
(8) Shop B/F 4, Kai Fung Building, 10 Soi Hang Street, Sheung Wan
HKD 21 million Now for sale HKD 17 million
(9) Shop C, G/F, 111-121 Sai Yee Street, Mong Kok
HKD 28 million Now for sale HKD 22 million
(10) Shop M, Yun Tung Building, 65-75 Luther Road, Tsuen Wan
HKD 24 million Listing for sale at 20.4 million.
Valid until June 30, 2026.
Detailed listing plan and photos:
Contact me (Lee Gen Hing 90361143) or my colleagues:
Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)
www.bwfund.com
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