The Lands Department announced today (November 18) that the tender for a site, Tsuen Wan Town Lot No. 441 at the junction of Wing Shun Street and Texaco Road, Tsuen Wan, New Territories, has been awarded to the highest tenderer, Fast Mighty Limited (parent company: Chinachem Group Holdings Limited), on a 50-year land grant at a premium of $2,475,000,000.
      
     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) Century Ace Development Limited (Henderson Land Development Company Limited);
(2) Golden Arch Limited (Great Eagle Holdings Limited);
(3) King Virtue Limited (Sino Land Company Limited, Kerry Properties Limited and China Merchants Land Limited);
(4) Maxjet Company Limited (China Overseas Land & Investment Limited);
(5) Pacific Great International Limited (Sun Hung Kai Properties Limited);
(6) Strong Associate Limited (K. Wah International Holdings Limited)
(7) Victory Rise Investments Limited (CK Asset Holdings Limited); and
(8) Zarow Limited (Wheelock Properties Limited).
      
     Tsuen Wan Town Lot No. 441 has a site area of about 6 515 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 24 757 sq m and 40 393 sq m respectively. Both exclude the gross floor area of Government Accommodation, being a centre for home care services for frail elderly persons, a residential special child care centre and a lay-by, all to be constructed by the purchaser under the Conditions of Sale.

Ends/Tuesday, November 18, 2025
Issued at HKT 18:00

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