The Lands Department announced today (April 1) that the tender for a site, Kowloon Inland Lot No. 11238 at Reclamation Street and Shanghai Street, Mong Kok, Kowloon, has been awarded to the highest tenderer, Eagle Legend Engineering Management Consulting Company Limited (parent company: Eagle Legend Asia Limited), on a 50-year land grant at a premium of $85,900,000.
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) Best Sea Limited;
(2) Billion Super Limited (Jantix Renewal Development Limited);
(3) Dynasty Asia Limited (Sino Land Company Limited); and
(4) First Smart Investment Limited (Yau Lee Holdings Limited).
Kowloon Inland Lot No. 11238 has a total site area of about 252.5 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area is 1,363.5 sq m. The maximum gross floor area for private residential purposes that may be attained in respect of Site A and Site B as shown on the sale plan is 828.75 sq m and 1,065 sq m respectively. The maximum gross floor area for non-industrial (excluding private residential, godown, hotel and petrol filling station) purposes is computed according to the relevant special condition in the Conditions of Sale.
Ends/Wednesday, April 1, 2020
Issued at HKT 18:42