Tender awarded for site in Tsing Yi

     The Lands Department today (May 28) announced that the tender for a site, Tsing Yi Town Lot No. 185 at the junction of Tsing Hung Road and Tsing Yi Road, Tsing Yi, New Territories, has been awarded to Mapletree TY (HKSAR) Limited (parent company: Mapletree Investments Pte Limited) on a 50-year land grant at a premium of $1,692.6 million.

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

     The tenderers, other than the successful tenderer, in alphabetical order with the name of the parent company where provided by the tenderer in brackets were:

(1) Best Vision Development Limited (Sun Hung Kai Properties Limited)
(2) Neo Century Limited (NWS Service Management Limited)
(3) TY2 Limited (Goodman HK Investments and Goodman Industrial Trust)

     Tsing Yi Town Lot No. 185 has a site area of about 21,000 square metres and is designated for logistics development purposes. The minimum gross floor area and the maximum gross floor area are 51,000 sq m and 85,000 sq m respectively.

Ends/Tuesday, May 28, 2013
Issued at HKT 17:38