Leasing arrangements announced for public market stalls in November
The Food and Environmental Hygiene Department (FEHD) announced today (October 30) that open auctions for a total of 574 stalls in 51 public markets will be held in November. Market stalls not taken at open auctions will be available to the public for renting at their upset prices on November 20 on a first-come, first-served basis. (1) Open auctions The types of stalls to be auctioned this time cover cooked food, frozen meat, fresh meat, fresh fish, frozen (chilled) poultry, fruits, vegetables, food-related dry goods and wet goods, non-food-related dry goods and wet goods, tradesman/service trades, siu mei and lo mei, etc. The tenancy agreement is a three-year fixed term from December 1, 2026, with no right of renewal upon expiry of the tenancy agreement. The upset prices of the monthly rent of the stalls vary depending on the sizes, locations and vacancy periods of the individual stalls. The upset prices for the stalls in an open auction will be initially fixed at 80 per cent of the open market rent (OMR) if the stalls have been vacant for over six months, and at 60 per cent of the OMR if the vacant period has been over eight months. The open auctions will be held on November 6 and
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