Tender awarded for site in Mong Kok

The Lands Department announced today (April 28) that the tender for a site, Kowloon Inland Lot No. 11240 at the junction of Soy Street and Shanghai Street, Mong Kok, Kowloon, has been awarded to the highest tenderer, Bring Bright Limited (parent company: Worth Forever Limited), on a 50-year land grant at a premium of $467,180,000.

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 Wealth Limited (Vanke Overseas Investment Holding Company Limited);
(2) Boundless Investments Limited (K&K Property Holdings Limited);
(3) China Land Resources Development Limited (Chuang's China Investments Limited);
(4) Citypoint Investment Limited (CK Asset Holdings Limited);
(5) Crown Smart Investment Limited (Yuexiu Property (HK) Company Limited);
(6) Dynasty Asia Limited (Sino Land Company Limited and China Merchants Land Limited);
(7) First Smart Investment Limited (Yau Lee Holdings Limited);
(8) Fortunate Pioneer Limited (Wheelock Properties Limited);
(9) Get Nice International Limited (Get Nice Holdings Limited);
(10) Grand Build Development Limited (Grand Ming Group Holdings Limited);
(11) Grand Harvest (HK) Development Limited;
(12) Joy Wide Asia Investment Limited (Great Harvest Group Development Limited);
(13) Leonard Holdings Company Limited (Wealthly Catcher Limited);
(14) Mega Source Global Limited (Far East Consortium International Limited);
(15) Power Main Limited (FDB Assets Limited);
(16) Prince Development Limited;
(17) Rainbow Legend Limited (New Explorer Investments Limited);
(18) Rich Blossom Limited (Wang On Properties Limited);
(19) Sky Bloom Investment Limited (S E A Holdings Limited);
(20) Sunrise Treasure Limited (Great Eagle Holdings Limited);
(21) Sure Gain Corporation Limited (Emperor International Holdings Limited);
(22) TS Creative Limited (Crystal Investment Limited);
(23) Ultra Wealth Development Limited (Pretty Tone Limited);
(24) Victory Field Development Limited (Tai Cheung Holdings Limited);
(25) Welland (Hong Kong) Limited (Kaisa Group Holdings Limited); and
(26) Wisdom Sign Limited (Wing Tai Properties Limited).
Kowloon Inland Lot No. 11240 has a site area of about 625.5 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area is 3,751.75 sq m. The maximum gross floor area for private residential purposes that may be attained is 4,691.25 sq m. 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. The aforementioned minimum gross floor area and maximum gross floor area for non-industrial (excluding private residential, godown, hotel and petrol filling station) purposes include the gross floor area of Government Accommodation, being a neighbourhood elderly centre and a day care centre for the elderly to be constructed by the purchaser.

Ends/Tuesday, April 28, 2020
Issued at HKT 19:23