A total of 164 wet goods stalls, one thematic stall and three fast food stalls for the Victoria Park Lunar New Year Fair have been let in an open auction today.

The average bid price for the wet goods stalls was $12,294, with the successful bids ranging from $7,840 to $40,000. The stalls fetched $2,016,220, compared with $2,308,800 last year.

One of the eight thematic stalls was let at the opening price of $28,910. The seven thematic stalls not bid upon will be auctioned as 14 dry goods stalls tomorrow.

For the fast food stalls, the bid price for the 7.6 x 4.8 metre stall was $350,000, against an opening price of $191,820, while the bid prices for the two 5 x 4 metre stalls were $231,000 and $180,000, against an opening price of $102,740.

The auction for the 298 dry goods stalls will be held tomorrow at Queen Elizabeth Stadium.