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Tender awarded for site in Sha Tin

     The Lands Department today (January 7) announced that the tender for a site, Sha Tin Town Lot No. 587 at Tai Po Road - Tai Wai, Sha Tin, New Territories, has been awarded to Ever World Limited (parent company: Wang On Group Limited) on a 50-year land grant at a premium of $773 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) Dragon Mount Development Limited (Grand Ming Group Holdings Limited)
(2) Hanforth Limited
(3) K Wise Limited (K&K Property Holdings Limited)
(4) Keen Union Limited (Sino Land Company Limited)
(5) Mazy Asia Limited (K Wah International Holdings Limited)
(6) Ready Town Limited (Far East Consortium International Limited)
(7) Smart Base Holdings Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)

     Sha Tin Town Lot No. 587 has a site area of about 6,550 square metres and is designated for private residential purposes and a public vehicle park. The minimum gross floor area and the maximum gross floor area are 8,253 sq m and 13,755 sq m respectively.

Ends/Wednesday, January 7, 2015
Issued at HKT 17:02


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