Transaction 5588, registered transaction today HK$14.8 million, feeling 6 points, Shop 25, ground floor, Tonghe Building, 23-25 Lee Yuen West Street, Central with entrance porch, built-up area of about 1,644 sq.ft 100,000, current tenant Fuli silk quilt head, handed over, 55 years old. The rent was $83000 between 2018 and 2021.
The original owner bought the property in 1972 for HK$1.05 million and held it for 54 years, a 13-fold increase. The latest signing date is June 1, 2026.
Rental Analysis: Based on the average commercial rental return of 3.9% from the Rates and Valuation Department, the monthly rent value of this shop is HK$48,100, which is the market value.
This shop is in Lee Yuen West Street, Central, opposite the stall but not obscured, between Devon Road Central and Queen’s Avenue Central, crowded, many retail shops, in recent years mostly maids. The cloth industry has certainly been going downhill in recent years, which is auspicious. This shop is big and has an entrance hall. It’s near Devon Road. It’s quite good.
Rating benchmark: 5 points market value, 10 points super bargain, 1 point to keep one guard. High score shops are to P-R-O.Prospect (Prospect), good rental value (Rental value), many amenities (Options), AND affordable prices! Note: The rating is only a superficial feeling. The rating is for superficial reference only.
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Seng Wai Shops for sale in June 2026, updated:
The following ✨High Percent Returns✨ For sale properties up to 4.8% return:
(1) Shops 1, 10, 11, 12 and 13, Princess Building, Emperor Road, Fortress Hill – Big Miss Ice Cream
65 million now for sale 42.5 million 4.8% return
(2) G/F and Porch, 20-24 Twin Sands Street, Sheung Wan – Reveri
38 million now for sale 33.9 million 4.6% return
(3) G/F and Porch, 108 Garden Street, Mong Kok – Ginzu Dim Sum
33 million now for sale 22.9 million 4.6% return
(4) 16 Dyeing Room Street, Mong Kok – The Madhouse
28 million now for sale 20.8 million 4.6% return
(5) Shop 3 and Porch, Jin Hee Building, Jin Fai Road, Yuen Long – Crackers Snack
11 million now for sale 9.1 million 4.6% return
There are other busy shops for sale:
(6) Shop D, G/F, Po Ming Building, 96-106 Percival Street, Causeway Bay
38 million now for sale 35 million
(7) Shops on the ground floor and stairwell at 153 Laundry Street, Mong Kok
45 million now for sale 35 million
(8) Shop 4, B/F, Kai Fung Building, 10 Su Hang Street, Sheung Wan
21 million now for sale 17 million
(9) Shop C, G/F, 111-121 Laundry Street, Mong Kok
28 million now for sale 22 million
(10) Shop M, Wan Tong Building, 65-75 Lud Wai, Tsuen Wan
24 million now for sale 20.4 million
Valid until June 30, 2026
Detailed plans and photos for sale:
Contact me (Lee Genxing 90361143) or colleagues:
Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)
www.bwfund.com
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