Sold item #5593, recently registered for HK$4 million, rated 6 out of 10. Shop 18, G/F, Fu Wing Garden Shopping Centre, 2 Hoi Ting Road, Mong Kok. Gross floor area approximately 511 sq ft, saleable area approximately 358 sq ft, entrance width approximately 15 sq ft, depth approximately 25 sq ft. Registered for HK$4 million. Tenant: V Love Learning Education Centre. Building age: 28 years.
The original owner purchased in October 2006 for HK$4.558 million, holding for 20 years, a 12% decrease. The latest contract signing date is May 13, 2026.
Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.9%, this shop’s monthly rental value is HK$13,000, representing its market value.
Fu Wing Garden in Tai Kok Tsui is the largest privately owned Home Ownership Scheme (HOS) in West Kowloon, completed in 1998. The estate comprises 18 blocks, providing 3,908 units with saleable areas ranging from 431 to 592 square feet. Located at 8-16 Hoi Ting Road, it is near the MTR Olympic Station and is in demand in the education center community.
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, title 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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