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Tender awarded for site in Tai Wo Ping

     The Lands Department today (September 29) announced that the tender for a site, New Kowloon Inland Lot No. 6542 at Yin Ping Road, Tai Wo Ping, Kowloon, has been awarded to the highest tenderer, Adventure Success Limited (parent company: Shimao Property Holdings Limited) on a 50-year land grant at a premium of $7,020 million.

     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 and Wing Tai Properties Limited)
(2) Conford Investments Limited (Cheung Kong Property Holdings Limited)
(3) Mainco Limited (Sun Hung Kai Properties Limited)
(4) Modern Expert Limited (Wheelock Properties Limited)
(5) More Win Enterprises Limited (China Overseas Land & Investment Limited)
(6) Well Future Development Limited (Henderson Land Development Company Limited)

     New Kowloon Inland Lot No. 6542 has a site area of about 20,401 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 35,250 sq m and 58,750 sq m respectively.

Ends/Tuesday, September 29, 2015
Issued at HKT 17:39


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