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Tenders awarded for business site and two residential sites
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     The Lands Department today (December 8) announced that the tenders for a business site and two residential sites had been awarded on 50-year land grant at a total premium of $1,036.9 million.

     The business site, Sha Tin Town Lot No. 412 at On Kwan Street, Shek Mun, Sha Tin, was awarded to Speedy Tact Development Limited at $680.1 million. The two residential sites, Lot No. 724 in Demarcation District No. 332 and Lot No. 726 in Demarcation District No. 332, both at Cheung Sha, Lantau Island, were awarded to Bao Wei Enterprises Limited at $176.8 million and $180 million respectively.

@@"Authority from the Central Tender Board was given to the Lands Department to award the three 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) Sha Tin Town Lot No. 412
(1) Century Link (Hong Kong) Limited
(2) I Tech Data Centre Management Services Limited
(3) Pretty Route Limited

(b) Lot No. 724 in Demarcation District No. 332
(1) Acmax Enterprises Limited
(2) HKR Properties Limited
(3) Pronto Investments Limited
(4) Sky Target (Hong Kong) Limited
(5) Win Creation Development Limited

(c) Lot No. 726 in Demarcation District No. 332
(1) Acmax Enterprises Limited
(2) Champion Land Properties Limited
(3) Eldridge Investments Limited
(4) HKR Properties Limited
(5) Win Creation Development Limited

@@Sha Tin Town Lot No. 412 has a site area of about 6,540 square metres and is designated for non-residential (excluding hotel, petrol filling station and residential care home) purposes. The minimum gross floor area and the maximum gross floor area are 19,600 square metres and 32,700 square metres respectively.

@@Lot No. 724 in Demarcation District No. 332 has a site area of about 7,410 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 1,779 square metres and 2,964 square metres respectively. The total number of residential units to be built shall not exceed 14.

@@Lot No. 726 in Demarcation District No. 332 has a site area of about 7,550 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 1,812 square metres and 3,020 square metres respectively. The total number of residential units to be built shall not exceed 16.

Ends/Thursday, December 8, 2011
Issued at HKT 18:32

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