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Tenders awarded for two residential sites
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     The Lands Department today (September 28) announced that the tenders for two residential sites have been awarded on a 50-year land grant at a total premium of $2,316 million.

     Tseung Kwan O Town Lot No. 117 in Area 66C2, Tseung Kwan O, New Territories was awarded to Jet Union Development Limited at $2,285 million, while Lot No. 674 in Demarcation District Peng Chau in Tung Wan, Peng Chau, New Territories was awarded to Smart Champion (Hong Kong) Limited at $31 million.

     "Authority from the Central Tender Board was given to the Lands Department to award the two sites to the highest tenderers," a Government spokesman said.

     The tenderers other than the successful tenderer in respect of each lot in alphabetical order were:

(a) Tseung Kwan O Town Lot No. 117

(1) Firstway Holdings Limited
(2) Great Horwood Limited
(3) Great Team Development Limited
(4) Hinwood Investment Limited
(5) Lucrative Venture Limited
(6) Rich View Investments Limited
(7) Team China Limited

(b) Lot No. 674 in Demarcation District Peng Chau

(1) Beacon Hill Garden Limited
(2) Golden Succeed (Asia) Limited

     Tseung Kwan O Town Lot No. 117 has a site area of about 12,915 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 27,122 square metres and 45,203 square metres respectively, of which not less than 23,247 square metres and not exceeding 38,745 square metres are for private residential purposes. The total number of residential units to be built shall not be less than 520 and shall not exceed 546.

     Lot No. 674 in Demarcation District Peng Chau has a site area of about 1,780.3 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 801 square metres and 1,335.2 square metres respectively.

Ends/Friday, September 28, 2012
Issued at HKT 17:04

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