Sold item #5585, registered transaction price HK$14.8 million, rated 5.5. Shop A, Ground Floor, Lai Chun Building, 111-113 On Ning Road, Yuen Long (large single-sided unit on On Shun Road). Gross floor area approximately 500 sq ft, usable floor area approximately 370 sq ft, entrance width approximately 35 sq ft. Tenant: Ho Kee Fruit & Vegetable. Rent is HK$59,000, yielding a return of approximately 4.78%. During the Covid-19 pandemic, the rental value was HK$54,000. The building is 53 years old.
The original owner purchased in September 2008 for HK$7.28 million, holding the property for 18 years, representing a 103% increase. The latest lease signing date is May 28, 2026.
Rental Analysis: Based on the Rating and Valuation Department’s average commercial property rental yield of 3.9%, the monthly rental value of this shop is HK$48,100, representing its market value.
This fruit stall has been operating for many years, a large, one-sided street located at the end of Anning Road. There’s foot traffic, but fruit stalls generally don’t have the highest stability.
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 affected by factors such as utilities (fire, water, electricity, gas), lease details, ownership integrity, and potential additions. The rating is for general reference only.
For information on Li Genxing’s private shops, join 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
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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