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Lee Yuen Congee Shop In CWB Closing

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  1. #51

    Join Date
    Jun 2012
    Location
    Los Angeles
    Posts
    941
    Quote Originally Posted by wtbhotia:
    I cant read Chinese but this looks like the place as its the only one I can see, old and small.

    300K for that small shitty little place selling overcooked rice and noodles WTF, the restaurant owner should have moved to a cheaper place long time ago.

    http://goo.gl/maps/jPfVn
    That's what I'm saying man. We live in a studio in the building next door!! We're paying HKD$8,900 a month. That's why I am still having problems with the numbers in this story.

  2. #52

    Join Date
    Jan 2013
    Location
    Hong Kong
    Posts
    51
    That's what I'm saying man. We live in a studio in the building next door!! We're paying HKD$8,900 a month. That's why I am still having problems with the numbers in this story.
    Sure, it is all insane in a sense. But the difference is that you are not allowed/able to turn your studio in a retail space that caters to the tens of thousands of people that are walking on that street downstairs every day. It is a shopping area, so many have come there specifically with 'intention to buy.' That is worth gold. Literally if you are Chow Tai Fook.

    Next time you're in Starbucks, pause for 10 sec and think about how Starbucks probably pays more in rent for the 10 sq ft your table+chair stand on than you do for your entire studio. And that is purely because apart from you, another 30 people will sit on that chair every day, and each one will pay HKD 40 for their Grande Buggachino with Whoopee Cream. That adds up you see.

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