Tender awarded for site in Tsing Yi

     The Lands Department today (December 15) announced that the tender for a site at Tsing Yi Hong Wan Road, Tsing Yi, New Territories, Tsing Yi Town Lot No. 180, had been awarded to Goodear Development Limited on a 50-year land grant at a premium of $1,150 million.

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

     The other tenderers in alphabetical order were:-

(1) GMG Developments
(2) Mapletree Caoan Limited

     The site has an area of about 24,000 square metres and is designated for logistics development purposes.  The minimum gross floor area and the maximum gross floor area are 58,320 square metres and 97,200 square metres respectively.

Ends/Wednesday, December 15, 2010
Issued at HKT 17:01