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Tender awarded for site in Tuen Mun

     The Lands Department today (July 8) announced that the tender for a site, Tuen Mun Town Lot No. 541 at So Kwun Wat Road, Area 56, Tuen Mun, New Territories, has been awarded to Alliance Grace Limited (parent company: Vanke Property (Hong Kong) Company Limited) on a 50-year land grant at a premium of $3,822,021,036.

     "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) Asia Bright Development Limited (Sino Land Company Limited, K Wah International Holdings Limited, Manhattan Garments (International) Limited and Wing Tai Properties Limited)
(2) Big Chance Corporation Limited (Emperor International Holdings Limited and Grand Ming Group Holdings Limited)
(3) Bright Sheen Development Limited (Henderson Land Development Company Limited)
(4) Golden Centurion Limited (Wheelock Properties Limited)
(5) K Wise Limited (K&K Property Holdings Limited)
(6) Opal Lucky Limited (Sun Hung Kai Properties Limited)
(7) Rich View Investments Limited (Cheung Kong Property Holdings Limited)
(8) Smart Base Holdings Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
(9) Teampearl Company Limited (Far East Consortium International Limited)

     Tuen Mun Town Lot No. 541 has a site area of about 27,000 square metres and is designated for private residential purposes and a kindergarten. The minimum gross floor area and the maximum gross floor area are 47,276 sq m and 78,200 sq m respectively.

Ends/Wednesday, July 8, 2015
Issued at HKT 17:32


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