The auction of Hong Kong Flower Show 2012 commercial stalls was conducted smoothly on December 7 at the Lockhart Road Sports Centre in Wan Chai. All 53 commercial stalls were successfully let at the auction, bringing in total revenue of $2,281,500.

Organised by the Leisure and Cultural Services Department, the 10-day Hong Kong Flower Show 2012 will be held from March 16 to 25, 2012, at Victoria Park. For the flower show, the 53 commercial stalls for auction included 42 goods stalls, six fast food stalls, four dry food stalls and one book stall.

Details of the auction are as follows:

Goods stall (5m x 5m): 42
Upset price: $18,110
Bid prices: ranging from $22,100 to $38,100
Average price: $32,474

Fast food stall (5m x 10m): 4
Upset price: $24,150
Bid prices: ranging from $35,000 to $48,000
Average price: $38,750

Fast food stall with a subsidiary stall (5m x 10m and 5m x 5m): 2
Upset price: $43,580
Bid prices: ranging from $75,000 to $80,000
Average price: $77,500

Dry food stall (5m x 5m): 4
Upset price: $14,520
Bid prices: ranging from $140,000 to $151,500
Average price: $145,625

Book stall (5m x 10m): 1
Upset price: $12,340
Bid prices: $25,100