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Tender awarded for site in Kwai Chung

     The Lands Department today (January 14) announced that the tender for a site, Kwai Chung Town Lot No. 495 at Kin Chuen Street, Kwai Chung, New Territories, has been awarded to Gold Famous Development Limited (parent company: Hon Kwok Land Investment Company, Limited) on a 50-year land grant at a premium of $686.8 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) Century Link Investments Limited (Wang On Group Limited)
(2) Century Opal Limited (Sun Hung Kai Properties Limited)
(3) China Cyberworld Limited (Chuang's China Investments Limited)
(4) Dragon Mount Development Limited (Grand Ming Group Holdings Limited)
(5) Joy Rise Limited (Sino Land Company Limited)
(6) Pretty Route Limited (K. Wah Properties (Holdings) Limited)
(7) Ready Town Limited (Far East Consortium International Limited)
(8) Time Fort Limited (K&K Property Holdings Limited)
(9) Ultimate Lead Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)

     Kwai Chung Town Lot No. 495 has a site area of about 2,781 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 12,711 sq m and 21,185 sq m respectively.

Ends/Wednesday, January 14, 2015
Issued at HKT 17:00


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