Tenders awarded for two sites in Kai Tak under "Hong Kong Property for Hong Kong People" measure

The Lands Department today (June 5) announced that the tenders for two residential sites under the "Hong Kong Property for Hong Kong People" measure have been awarded on 50-year land grants at a total premium of $4,540 million.

The two sites, New Kowloon Inland Lot No. 6516 on Site 1H1 and New Kowloon Inland Lot No. 6517 on Site 1H2 in Kai Tak, Kowloon, were both awarded to Ace Dragon Development Limited (parent company: China Overseas Land & Investment Limited) at $2,270 million for each lot.

"Authority from the Central Tender Board was given to the Lands Department to award the two sites to the highest tenderer," a Lands Department spokesman said.

The tenderers, other than the successful tenderer, in respect of each lot in alphabetical order with the name of the parent company where provided by the tenderer in brackets were:

(a) New Kowloon Inland Lot No. 6516
 (1) Cloud Fair Limited (Chime Corporation Limited)
 (2) Conford Investments Limited (Cheung Kong (Holdings) Limited)
 (3) Dragon Star H.K. Investments Limited (K. Wah International Holdings Limited)
 (4) Earn Crown Investment Limited (Emperor International Holdings Limited)
 (5) Ever Crown Development Limited (Nan Fung Development Limited)
 (6) Fortune Top Development Limited (Henderson Land Development Company Limited)
 (7) Global Conqueror Limited (Perfect Horizon Limited and Chun Wo Development Holdings Limited)
 (8) Great Alliance Limited (Sun Hung Kai Properties Limited)
 (9) Magic Energy Limited (Great Eagle Holdings Limited)
 (10) Precise Treasure Limited (Wheelock Properties Limited)
 (11) Real Charm Investment Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
 (12) Sky Vision Development Limited (Sino Land Company Limited)
 (13) Smart Tycoon Limited (Silver Era Limited)
 (14) Super Record Limited (New World Development Company Limited, Lai Sun Development Company Limited and Star Profit Industries Limited)
 (15) Town House Development Limited (Kowloon Development Company Limited)

(b) New Kowloon Inland Lot No. 6517
 (1) Cloud Fair Limited (Chime Corporation Limited)
 (2) Dream Garden Investments Limited (New World Development Company Limited, Lai Sun Development Company Limited and Star Profit Industries Limited)
 (3) Eminent Gold Investments Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
 (4) Ever Merits Investments Limited (Wheelock Properties Limited)
 (5) Henmell Investment Limited (Kowloon Development Company Limited)
 (6) Jarton Limited (Far East Consortium International Limited)
 (7) Joint Rise Development Limited (Sino Land Company Limited)
 (8) Landwood Investment Limited (Nan Fung Development Limited)
 (9) Manful Global Development Limited (K. Wah International Holdings Limited)
 (10) Team China Limited (Henderson Land Development Company Limited)
 (11) Truelink Limited (Sun Hung Kai Properties Limited)
 (12) Wilson Investments Limited (Cheung Kong (Holdings) Limited)

New Kowloon Inland Lot No. 6516 has a site area of about 7,771 square metres and is designated for non-industrial (excluding office, godown, hotel and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 23,313 sq m and 38,855 sq m respectively, of which not exceeding 38,077 sq m are for private residential purposes. The total number of residential units to be built shall not be less than 545.

New Kowloon Inland Lot No. 6517 has a site area of about 8,585 sq m and is designated for non-industrial (excluding office, godown, hotel and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 25,755 sq m and 42,925 sq m respectively, of which not exceeding 42,066 sq m are for private residential purposes. The total number of residential units to be built shall not be less than 600.


Ends/Wednesday, June 5, 2013
Issued at HKT 17:30

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