Victoria Park's wet-goods auction results were announced on 7 October. A separate Lam Tsuen auction is scheduled for 21 October, with licence conditions to check.
At a glance
- Fong Ma Po in Lam Tsuen has an auction scheduled for 21 October at 2pm.
- HK$780 and HK$770 are starting prices for dry- and wet-goods stalls, not final rents.
- Victoria Park's announced wet-goods average was HK$15,700.
- A stall licence is a commercial obligation, not a grant or a profit guarantee.
The Lam Tsuen auction and fair dates
FEHD announced on 7 October that Fong Ma Po's fair will run from 6 to 20 February 2027, with 21 dry-goods and six wet-goods stalls. The auction is scheduled for 21 October 2026 in the assembly hall on the second floor of Lai Chi Kok Government Offices, 19 Lai Wan Road. The fair dates and auction date are different milestones. Anyone considering attendance should recheck the department's current notice for changes before travelling.
Eligibility and immediate commitments
The announcement says bidders must be at least 18 and ordinarily resident in Hong Kong. Successful bidders must pay and complete the specified registration and licence-signing steps immediately; failure can forfeit the right to the stall. Set-up is scheduled for 3-5 February. Readers should inspect the complete licence conditions, including permitted goods, structures and clearance, before bidding. A starting price does not explain the full financial or operating commitment.
What Victoria Park's results show
In a separate 7 October announcement, FEHD said all 180 wet-goods stalls and four fast-food stalls at Victoria Park were let. Wet-goods bids ranged from HK$6,530 to HK$53,000, averaging HK$15,700. Their total was HK$2,824,632, compared with HK$4,303,766 the previous year. Fast-food bids ranged from HK$150,000 to HK$280,000. These are auction results, not sales figures or profitability data. They cannot establish what a new operator will earn.
Build a budget beyond the bid
For a first-time operator, a useful planning exercise is to list stock, transport, staffing, equipment and the end-of-event work separately from the amount bid. Then ask what remains uncertain and how much loss the proposed operation could withstand. This is a general budgeting question, not a cost estimate for either fair. A lower bid at one location does not prove the same customer demand, operating constraints or commercial outcome at another.
Check the terms before committing
Read the official conditions for the particular stall type rather than rely on a comparison headline. Questions worth resolving include what may be sold, when access is available, which structures are permitted and who is responsible for clearance. Identify the person who will hold the licence and ensure they understand the required immediate steps. A youth entrepreneurship idea and a legally committed stall operation are different stages; the auction does not remove the need to evaluate the latter.
Results are not an open application
The Victoria Park figures report an auction that has happened. They should not be presented as available stalls or a fresh registration invitation. Lam Tsuen's announcement gives a later auction date, subject to the current official arrangements. Keep these statuses distinct when sharing the story with a potential business partner. Follow the direct FEHD notices below for the authoritative conditions, and do not read the editorial images as photographs of either venue or proof of likely demand.
Sources and image disclosure
Fong Ma Po New Year Fair stall auction announcement
Victoria Park Lunar New Year Fair stall auction results
Reporting is based on the linked official sources, including government replies and notices dated 7 October 2026, reviewed for this article on 8 October. The cover and contextual image are AI-generated editorial illustrations, not documentary photographs.