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Tender awarded for site in Kwai Chung
     The Lands Department today (May 5) announced that the tender for a site, Kwai Chung Town Lot No. 524 at Wing Kei Road, Kwai Chung, New Territories, has been awarded to the highest tenderer, Vision Land Limited (parent company: Sino Land Company Limited), on a 50-year land grant at a premium of $450.8 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) One Gold Investment Limited (K&K Property Holdings Limited)
(3) Pioneering Realty Development Limited (Billion Real Estate Holdings Limited)
(4) Pretty Route Limited (K. Wah Properties (Holdings) Limited)
(5) Top Strong Investment Limited (Wang On Properties Limited)
     Kwai Chung Town Lot No. 524 has a site area of about 1,730.1 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; 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; laboratory, inspection and testing centre; recyclable collection centre; and a combination of any of the permissible users. The minimum gross floor area and the maximum gross floor area are 9,861 sq m and 16,435 sq m respectively.
Ends/Friday, May 5, 2017
Issued at HKT 17:20
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