Tenders awarded for four petrol filling station sites

The Lands Department announced today (September 9) that tenders for four petrol filling stations have been awarded on 21-year land grants at a total premium of $1,875,358,000.

New Kowloon Inland Lot No. 6628 at No. 371 Kwun Tong Road, Kowloon, was awarded to the highest tenderer, Sinopec (Hong Kong) Limited (parent company: Sinopec Marketing Company Limited), at $691,580,000. New Kowloon Inland Lot No. 6594 at No. 332 Tai Po Road, Kowloon, was awarded to the highest tenderer, ExxonMobil Hong Kong Limited, at $125,400,000. Yuen Long Town Lot No. 536 at No. 90 Tai Tong Road, Yuen Long, New Territories, was awarded to the highest tenderer, Sinopec (Hong Kong) Limited (parent company: Sinopec Marketing Company Limited), at $618,250,000. Sha Tin Town Lot No. 629 at No. 20 Kong Pui Street, Sha Tin, New Territories, was awarded to the highest tenderer, Sinopec (Hong Kong) Limited (parent company: Sinopec Marketing Company Limited), at $440,128,000.

The successful tenders were submitted on an individual basis for the purchase of the above sites. These four sites are existing, re-tendered sites for the development of petrol filling stations. Five tenderers took part in the exercise, which produced a total of 14 tenders.
 
The tenderers other than the successful tenderers that tendered in respect of each lot individually or as a package and in alphabetical order, with the name of the parent company where provided by the tenderer in brackets, were:

(a) New Kowloon Inland Lot No. 6628
(1) Chevron Hong Kong Limited
(2) ExxonMobil Hong Kong Limited
(3) Shell Hong Kong Limited

(b) New Kowloon Inland Lot No. 6594
(1) Sinopec (Hong Kong) Limited (Sinopec Marketing Company Limited)

(c) Yuen Long Town Lot No. 536
(1) ExxonMobil Hong Kong Limited
(2) PetroChina International (Hong Kong) Corporation Limited
(3) Shell Hong Kong Limited

(d) Sha Tin Town Lot No. 629
(1) Chevron Hong Kong Limited
(2) PetroChina International (Hong Kong) Corporation Limited

Ends/Wednesday, September 9, 2020
Issued at HKT 19:10

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