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To: energyplay who wrote (29101)2/23/2003 4:34:58 AM
From: TobagoJack  Respond to of 74559
 
Hi energyplay, By visual inspection, there are a lot of jewelry shops in HK.

A couple of thousand square feet SaSa (part of chain store) mass market cosmetics store in the Mongkok area generates about USD 25-30k of sales per day.

hkairport.com

"SASA - The most popular of Hong Kong's cosmetics supermarkets, SASA stocks virtually every brand of makeup and lotion at discounted prices. It's a mecca for sample-sized products, wholesale colognes and perfumes in miniature."

... and so the area is good for the price. In fact, the current asking price for property similar to ones purchased a year ago by the partnership is 3x the purchase price.

Chugs, Jay