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Tender awarded for site in Tuen Mun

     The Lands Department today (June 28) announced that the tender for a site, Tuen Mun Town Lot No. 523 at Castle Peak Road - Tai Lam, Tuen Mun, New Territories, has been awarded to the highest tenderer, Smart Tycoon Limited (parent company: Silver Era Limited), on a 50-year land grant at a premium of $981.68 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)
(2) Avion Investment Limited (Henderson Land Development Company Limited)
(3) Dragon Star HK Investments Limited (K. Wah International Holdings Limited)
(4) Ease Success Limited (Great Eagle Holdings Limited)
(5) Fair Opal Limited (Sun Hung Kai Properties Limited)
(6) Grand Build Development Limited (Grand Ming Group Holdings Limited)
(7) Luck Huge Limited
(8) New Fusion Trading Limited (Gingerlily Investments Limited)
(9) United Horizon Limited (Wang On Properties Limited)

     Tuen Mun Town Lot No. 523 has a site area of about 7,578 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 16,368 sq m and 27,280 sq m respectively.

Ends/Tuesday, June 28, 2016
Issued at HKT 17:02


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