Sold item #5573, registered transaction price HK$5.1 million, rated 6.5 out of 10. Shop B, Ground Floor, No. 8, Fuk Wah Street, Sham Shui Po. Gross floor area approximately 1,567 sq ft, saleable area approximately 1,103 sq ft, entrance width approximately 15 ft, depth approximately 70 ft. Registered transaction price HK$5.1 million. Tenant: Kam Fung Clothing. Building age: 29 years.
The original owner purchased in 1997 for HK$13.6 million, holding the property for 29 years, representing a 62.5% decrease in value. The latest contract signing date is May 23, 2026.
Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.9%, this shop has a monthly rental value of HK$16,575.
Although the fashion wholesale market in Sham Shui Po is declining, this tenant has been operating for many years, making it a relatively large property. At HK$3,254 per sq ft for a ground floor shop in the city, it’s a great deal!
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 Affordable Price)! Note: The rating is only a superficial assessment. The actual value of the shop is greatly influenced 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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For information on Lee Ken Hing’s private shops, join the link:
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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
~65 million HKD~ Now for sale at 42.5 million HKD 4.8% return
(2) Shop A, Ocean City Mansion, Electric Road, Tin Hau – New Seven Seas Project
~33 million HKD~ Now for sale at 24 million HKD 4.6% return
(3) Ground Floor & Mezzanine, 20-24 Ma Sha Street, Sheung Wan – Reveri
~38 million HKD~ Now for sale at 33.9 million HKD 4.6% return
(4) Ground Floor & Mezzanine, 108 Fa Yuen Street, Mong Kok – Yin Jin Dim Sum
~33 million HKD~ Now for sale at 22.9 million HKD 4.6% return
(5) 16 Dyeing Fong Street, Mong Kok – The Madhouse
~28 million~ Now for sale at 20.8 million 4.6% return
(6) Shop 3 and mezzanine of Kam Fai Road, Yuen Long – Egg Waffle Snacks
~11 million~ Now for sale at 9.1 million 4.6% return
Other prime shops for sale:
(7) Shop D, G/F, Po Ming Building, 96-106 Percival Street, Causeway Bay
~38 million~ Now for sale at 35 million
(8) Shop G/F and stairwell of 153 Sai Yee Street, Mong Kok
~45 million~ Now for sale at 35 million
(9) Shop 4, B/F, Kai Fung Building, 10 So Hang Street, Sheung Wan
~21 million~ For Sale: HKD 17 million
(10) Shop C, G/F, 111-121 Sai Yee Street, Mong Kok
~HKD 28 million~ For Sale: HKD 22 million
(11) Shop M, Yun Tung Building, 65-75 Luther Road, Tsuen Wan
~HKD 24 million~ For Sale: HKD 20.4 million
Valid until June 30, 2026
Detailed plans and photos:
Contact me (Lee Kin 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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