Tender awarded for former government quarters
*********************************************

     The Government Property Agency invited tenders for the purchase of seven former government quarters in March, and today (May 25) announced the tender award for the following four properties at the highest total sale price of $136,750,000:

(a) 20/F of Block 41 and Car Parking Space Nos. 71 and 72 on the Ground Floor of Blocks 41, 42, 43 and 44, Baguio Villa, No. 550 Victoria Road, Hong Kong (at $34,500,000);

(b) 7/F of Block 43 and Car Parking Space No. 184 on Upper Ground Floor of Blocks 41, 42, 43 and 44, Baguio Villa, No. 550 Victoria Road, Hong Kong (at $30,000,000);

(c) Apartment No. 1 on 19/F and Car Parking Space No. 44 on C2 Floor of Block A, Elm Tree Towers, No. 8 Chun Fai Road, Hong Kong (at $44,150,000); and

(d) Flat A-1 on 1/F of Tower A and Car Parking Space No. 45 on Lower Ground Floor, Wilshire Towers, No. 200 Tin Hau Temple Road, Hong Kong (at $28,100,000).

     The tenders for the following three properties have been cancelled:

(a) Apartment No. 2 on 12/F and Car Parking Space No. 12 on C1 Floor of Block A, Elm Tree Towers, No. 8 Chun Fai Road, Hong Kong;

(b) Apartment No. 1 on 18/F and Car Parking Space No. 43 on C2 Floor of Block A, Elm Tree Towers, No. 8 Chun Fai Road, Hong Kong; and

(c) Flat B on 3/F and Car Parking Space No. 6 on Upper Ground Floor, Macdonnell House, Nos. 6 and 8 Macdonnell Road, Hong Kong.

     All tenderers have been informed of the tender result in writing.

Ends/Thursday, May 25, 2017
Issued at HKT 17:00

NNNN