Lands Department releases tender amounts submitted for site in Mong Kok
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     The Lands Department announced today (March 31) that in respect of the tender for the site Kowloon Inland Lot No. 11273 at the junction of Sai Yee Street and Argyle Street, Mong Kok, Kowloon, which was awarded on March 1 to the successful tenderer, East Classic Development Limited (parent company: Sun Hung Kai Properties Limited), on a 50-year land grant at a premium of $4,729,000,000, the tender amounts submitted by the unsuccessful tenderers in descending order are published on an anonymous basis as follows:

(1) $3,521,000,000
(2) $688,000,000
     
     The information disclosed in this press release is for information only.

Ends/Friday, March 31, 2023
Issued at HKT 17:05

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