Tender awarded for site in Stanley

     The Lands Department today (March 15) announced that the tender for a site, Rural Building Lot No. 1201 at Wong Ma Kok Road, Stanley, Hong Kong, has been awarded to the highest tenderer, K Wise Limited (parent company: K&K Property Holdings Limited), on a 50-year land grant at a premium of $2,811 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) Asset Capital Limited (Sun Hung Kai Properties Limited)
(2) Bright Vision International Limited (CITIC Pacific Limited)
(3) Clear Gain Investments Limited (Regal Hotels International Holdings Limited)
(4) Dragon Mount Development Limited (Grand Ming Group Holdings Limited)
(5) Golden Centurion Limited (Wheelock Properties Limited)
(6) Mazy Asia Limited (K. Wah International Holdings Limited)
(7) New Fusion Trading Limited (Gingerlily Investments Limited)
(8) Rich View Investments Limited (Cheung Kong Property Holdings Limited)
(9) Sky Dynamic Development Limited (Sino Land Company Limited)
(10) Wealth Start Development Limited (Tai Cheung Holdings Limited)
(11) World Base Development Limited (Henderson Land Development Company Limited and Pillar Sharp Limited)

     Rural Building Lot No. 1201 has a site area of about 25,300 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 12,600 sq m and 21,000 sq m respectively.

Ends/Tuesday, March 15, 2016
Issued at HKT 18:37