Shop D&E, G/F, Lung Fung Building, 131-135 Un Chau Street / 151-155 Kau Kong Street, Sham Shui Po, was sold for HK$12.18 million. It’s rated 7/10. The shop has a gross floor area of approximately 1000 sq ft and a saleable area of approximately 800 sq ft. The entrance is approximately 40 sq ft wide and 16 sq ft deep, totaling 56 sq ft. The tenant is a Vietnamese restaurant. The building is 66 years old.
The original owner purchased the shop in August 1963 for HK$140,000, holding it for 63 years, representing an 86-fold increase. The latest contract signing date is June 12, 2026.
This shop is located on a large corner unit at the intersection of Un Chau Street and Kau Kong Street. The 56 sq ft storefront is very eye-catching and attracts foot traffic. Although the purchasing power is relatively weak, the low price solves all the problems. Good shop.
Rental Analysis: Based on the Rating and Valuation Department’s average shop rental yield of 3.8%, this shop’s market value is HK$38,567 per month.
Rating Criteria: 5 points is market value, 10 points is excellent, 1 point requires careful consideration. High-scoring shops require P-R-O (Prospect, Rental Value, Options), and a good 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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From 2025 to the first half of 2026, The Grand Hong Kong has successfully sold 24 street-level shops in Hong Kong, totaling HK$396 million. The following 8 properties are now available for sale at reduced prices until July 2026:
The following properties offer high returns: up to 5%:
(1) Shops 1, 10, 11, 12 & 13, Princess Building, King’s Road, Fortress Hill – Miss Ice Room
Original Price: HKD 65 million Now Available: HKD 42 million 4.9% Return
(2) Ground Floor & Mezzanine, 20-24 Ma Sha Street, Sheung Wan – Reveri
Original Price: HKD 38 million Now Available: HKD 33.9 million 4.6% Return
(3) Ground Floor & Mezzanine, 108 Fa Yuen Street, Mong Kok – Yin Jin Dim Sum
Original Price: HKD 33 million Now Available: HKD 22.9 million 4.6% Return
(4) The Madhouse, 16 Dyeing Fong Street, Mong Kok
Original Price: HKD 28 million Now Available: 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 No. 4, B/F, Kai Fung Building, 10 So Hang Street, Sheung Wan
HKD 21 million, now for sale HKD 17 million
(7) Shop No. C, G/F, 111-121 Sai Yee Street, Mong Kok
HKD 28 million, now for sale HKD 22 million
(8) Shop M, Yun Tung Building, 65-75 Luther Road, Tsuen Wan
HKD 24 million Listing for sale at HK$20.4 million
Valid until July 30, 2026
Detailed listing plans and photos:
Contact me (Edwin Lee 90361143) or my colleagues:
Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)
www.bwfund.com
Dr. Edwin Lee, Founder of BW Fund. Since the fund’s inception in 2016, he has purchased 133 street-front shops in Hong Kong, totaling HK$2.224 billion. His life goal is to buy 1,000 street-front shops in Hong Kong.
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