Tender amounts submitted for site on Lantau Island

The Lands Department announced today (November 30) that in respect of the tender for the site Lot No. 766 in Demarcation District No. 332 at South Lantau Road, Cheung Sha, Lantau Island, New Territories, which was awarded on October 30 to the successful tenderer, Fully Fortune Corporation Limited, on a 50-year land grant at a premium of $160 million, the tender amounts submitted by the unsuccessful tenderers in descending order are published on an anonymous basis as follows:

(1) $129 million
(2) $105 million
(3) $76 million
(4) $48 million
(5) $28 million

The information disclosed in this press release is for information only.

Ends/Friday, November 30, 2018
Issued at HKT 17:02