Lands Department releases tender amounts submitted for site in Kai Tak
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     The Lands Department announced today (October 13) that in respect of the tender for the site New Kowloon Inland Lot No. 6590 at Kai Tak Area 2A Site 2 and Site 3, Kai Tak, Kowloon, which was awarded on September 13 to the successful tenderer, Capital Asian Limited (parent companies: Sino Land Company Limited, China Overseas Land & Investment Limited, Great Eagle Holdings Limited and Chinese Estates Holdings Limited), on a 50-year land grant at a premium of $5,350,000,000, the tender amounts submitted by the unsuccessful tenderers in descending order are published on an anonymous basis as follows:

(1) $4,010,000,000
(2) $3,056,000,000
(3) $2,976,800,000
(4) $2,801,000,000
(5) $1,200,000,000
      
     The information disclosed in this press release is for information only.

Ends/Friday, October 13, 2023
Issued at HKT 17:09

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