Tenders awarded for two residential sites
*****************************************

     The Lands Department today (October 6) announced that the tenders for two residential sites had been awarded on 50-year land grant at a total premium of $176.111 million.

     Stanley Inland Lot No. 91 at Hoi Fung Path, Stanley, was awarded to Harcourt Holdings Limited at $121.111 million. Lot No. 1613 in Demarcation District No. 222 in Kap Pin Long, Sai Kung, was awarded to Smaragdine Limited at $55 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 two successful tenderers in respect of each lot in alphabetical order were:

(a) Stanley Inland Lot No. 91
(1) Asian Treasure Investments Limited
(2) First Realty Investment Company Limited
(3) Gold Cheer Corporation Limited
(4) Jet Union Development Limited
(5) Special View Development Limited
(6) Taifair Capital Services Limited
(7) Ultra Well Group Limited
(8) Well Chance Limited

(b) Lot No. 1613 in Demarcation District No. 222
(1) Jumbo Success Limited
(2) Sky Champion Investments Limited
(3) Taifair Capital Services Limited
(4) Thousand Policy Limited

     Stanley Inland Lot No. 91 has a site area of about 615.2 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 277 square metres and 461.4 square metres respectively.

     Lot No. 1613 in Demarcation District No. 222 has a site area of about 1,733 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 208 square metres and 346.6 square metres respectively.

Ends/Thursday, October 6, 2011
Issued at HKT 17:03

NNNN