Tenders awarded for two residential sites in Hung Hom

The Lands Department today (June 20) announced that the tenders for two residential sites in Hung Hom had been awarded on 50-year land grant at a total premium of $1,207.3 million.

The site at the junction of Gillies Avenue South and Bulkeley Street, Hung Hom, Kowloon, Hung Hom Inland Lot No. 555, was awarded to Well Dynamic Limited at $406.3 million. The site at Lee Kung Street, Hung Hom, Kowloon, Hung Hom Inland Lot No. 556, was awarded to Alcon Investments Limited at $801 million.

"The tenders of the two sites closed on June 3, 2011. Authority from the Central Tender Board was given to the Lands Department to award the two sites to the highest tenderers," a Government spokesman said.

The tenderers other than the two successful tenderers in respect of each lot in alphabetical order were:

(a) Hung Hom Inland Lot No. 555
  (1) Champion Rise Development Limited
  (2) Charter Legend Development Limited
  (3) Citi-Mark Development Limited
  (4) Ever World Limited
  (5) Faithful Regent Limited
  (6) Jarton Limited
  (7) Lucrative Venture Limited
  (8) Noble Fame Development Limited

(b) Hung Hom Inland Lot No. 556
  (1) Century Link Investments Limited
  (2) Citi-Mark Development Limited
  (3) Eminent Gold Investments Limited
  (4) Faithful Regent Limited
  (5) Fine Time Development Limited
  (6) Joint Vision Limited
  (7) Joinyield Limited
  (8) Motive Drive Limited
  (9) Star Union Development Limited
  (10) Up Fair Limited

Hung Hom Inland Lot No. 555 has a site area of about 582.3 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 3,145 square metres and 5,240.7 square metres respectively. The total number of residential units to be built shall not be less than 70. The size of each residential unit shall range in saleable area from 35 square metres to 40 square metres.

Hung Hom Inland Lot No. 556 has a site area of about 1,298.7 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 5,844 square metres and 9,740 square metres respectively. The total number of residential units to be built shall not be less than 170. The size of each residential unit shall range in saleable area from 35 square metres to 40 square metres.

Ends/Monday, June 20, 2011
Issued at HKT 17:01

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