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Tender awarded for site in Sai Kung

     The Lands Department today (April 29) announced that the tender for a site, Lot No. 1181 in Demarcation District No. 215 at Hong Kin Road, Tui Min Hoi, Sai Kung, New Territories, has been awarded to Joy Rise Limited (parent company: Sino Land Company Limited) on a 50-year land grant at a premium of $609 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) Colorise Development Limited (Rykadan Capital Limited)
(3) Dragon Mount Development Limited (Grand Ming Group Holdings Limited)
(4) Eagle Fort Global Limited (Holdwin Limited)
(5) Excel Match Limited (Nimble Run Limited)
(6) Fine Time Development Limited (Hong Kong Ferry (Holdings) Company Limited)
(7) Full Supreme Limited
(8) Get Nice International Limited (Get Nice Holdings Limited)
(9) Hanforth Limited
(10) K Wise Limited (K&K Property Holdings Limited)
(11) Smart Base Holdings Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
(12) Smart Union Limited (Chinese Estates Holdings Limited)
(13) Turnwell Limited (K. Wah International Holdings Limited)
(14) Union Faith Development Limited (Minmetals Land Limited)
(15) United Aluminium Suppliers Limited (Chiaphua Limited)
(16) Victory Field Development Limited (Tai Cheung Holdings Limited)
(17) Wilson Investments Limited (CK Hutchison Holdings Limited)

     Lot No. 1181 in Demarcation District No. 215 has a site area of about 3,424 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 2,876 sq m and 4,793 sq m respectively.

Ends/Wednesday, April 29, 2015
Issued at HKT 17:02


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