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Tender awarded for site in Kwai Chung
     The Lands Department today (August 17) announced that the tender for a site, Kwai Chung Town Lot No. 478 at the junction of Wing Kei Road and Wing Kin Road, Kwai Chung, New Territories, has been awarded to the highest tenderer, Keen Realty Development Limited (parent company: Billion Real Estate Holdings Limited), on a 50-year land grant at a premium of $833.88 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) Charm Step Development Limited (Fast Forward Global Limited)
(2) Global Elegant Limited (Sino Land Company Limited)
(3) Hong Kong Housing Projects Corporation Limited
(4) Tin Wah International Limited (K. Wah Properties (Holdings) Limited)
(5) Winner Up Investment Limited (Emperor International Holdings Limited)

     Kwai Chung Town Lot No. 478 has a site area of about 3,707 square metres and the permissible uses are: industrial; godown and ancillary office; office in direct support of an industrial operation; information technology and telecommunications industries; research, design and development centre; laboratory, inspection and testing centre; audio-visual recording studio; media design and media production; workshop for laundering, dry cleaning, tailoring or repair of goods; vehicle repair workshop, vehicle inspection centre or vehicle testing centre; cargo handling and forwarding facilities; showroom ancillary to factory; motor vehicle showroom on the ground floor; recyclables collection centre; and a combination of any of the permissible uses. The minimum gross floor area and the maximum gross floor area are 21,130 sq m (including godown of at least 10,565 sq m) and 35,216 sq m respectively.
Ends/Wednesday, August 17, 2016
Issued at HKT 17:00
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