Tender awarded for site in Kai Tak

     The Lands Department today (March 15) announced that the tender for a site, New Kowloon Inland Lot No. 6563 at Kai Tak Area 1L Site 2, Kai Tak, Kowloon, has been awarded to the highest tenderer, Milway Development Limited (parent company: Twinpeak Assets Limited), on a 50-year land grant at a premium of $7,440.5 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 Profit Development Limited (China Overseas Land & Investment Limited, Sino Land Company Limited and S E A Holdings Limited)
(2) Astaria Garden Limited (Vanke Property (Hong Kong) Company Limited)
(3) Avion Investment Limited (Henderson Land Development Company Limited)
(4) Big Board Limited (Profit City Global Limited)
(5) Castle Huge Limited (Chime Corporation Limited)
(6) Channel First Limited (Sun Hung Kai Properties Limited)
(7) Cheerful United Limited (Chevalier International Holdings Limited and Wang On Properties Limited)
(8) City Champion Investments Limited (Cheung Kong Property Holdings Limited)
(9) Dragon Star H.K. Investments Limited (K. Wah International Holdings Limited)
(10) Good Hour International Limited (China Resources Land Limited)
(11) Good Sense Development Limited (New World Development Company Limited and China Merchants Properties Development Limited)
(12) Handy Solution Limited (Wheelock Properties Limited)
(13) Sure Gain Corporation Limited (Emperor International Holdings Limited and Grand Ming Group Holdings Limited)
(14) Virtue High (Hong Kong) Limited (Logan Property Holdings Company Limited)

     New Kowloon Inland Lot No. 6563 has a site area of about 9,482 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 30,722 sq m and 51,202 sq m respectively.

Ends/Wednesday, March 15, 2017
Issued at HKT 18:01