Flower booth prices pruned
Reserve prices for Lunar New Year flower booths will be slashed by 30 per cent as a result of the economic slump, the Provisional Urban Council said yesterday.
Florists will be able to bid for booths for as little as $441 in January, with hopes the move will attract more tenders.
Available are 1,205 booths for five traditional and popular urban flower fairs in Causeway Bay, Mongkok, Cheung Sha Wan, San Po Kong and Kwun Tong.
The cheapest stalls will be at Cheung Sha Wan with a reserve price of $441 after the discount, while at the other end of the scale, a food booth in Victoria Park - which attracts thousands of visitors - will have a minimum price of $96,971.
Councillor Wong Kwok-hing yesterday said the price cut was in line with similar fee cuts approved earlier this year to help hawkers during the slump.
A reserve price cut was also endorsed last week by the Provisional Regional Council, which offers 941 booths at eight fairs.
The Hongkong and Kowloon Flower and Plant Workers General Union yesterday welcomed the move.
Lunar New Year falls on February 16 next year.