MONDAY, JANUARY 12, 1981
8
SITES SOLD FOR TSUEN WAN NEW YEAR FAIR
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ALL 208 STALL SITES AT THE FORTHCOMING TSUEN WAN LUNAR NEW YEAR FAIR WERE SOLD AT ABOVE THE UPSET PRICE AT A PUBLIC AUCTION TODAY (MONDAY).
THE TSUEN WAN FAIR IS THE LARGEST OF ITS KIND TO BE HELD IN THE NEW TERRITORIES, SAID A SPOKESMAN FOR THE NEW TERRITORIES SERVICES DEPARTMENT,
MOST OF THE STALL SITES FETCHED UNEXPECTEDLY HIGH PRICES DESPITE THE INNOVATION OF A SIMILAR FAIR AT KWAI CHUNG THIS YEAR. THE HIGHEST PRICE FOR A SITE SELLING FLOWERS WAS $2 100 AND THE LOWEST WAS $275.
THE UPSET PRICE FOR EACH SITE WAS $50.
THE AUCTION, ORGANISED BY THE TSUEN WAN URBAN SERVICES OFFICE, WAS HELD AT THE TSUEN WAN TOWN HALL AUDITORIUM.
SITES FOR KWAI CHUNG FAIR WILL BE AUCTIONED TOMORROW (TUESDAY).
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