Tender awarded for site in Tsing Yi

The Lands Department today (February 16) announced that the tender for a site, Tsing Yi Town Lot No. 181 at Tsing Yi Hong Wan Road, Tsing Yi, New Territories, has been awarded to Kongwell Logistics Limited on a 50-year land grant at a premium of $1,280 million.

"Authority from the Central Tender Board was given to the Lands Department to award the site to the highest tenderer," a Government spokesman said.

The other tenderer was TY2 Limited.

Tsing Yi Town Lot No. 181 has a site area of about 24,000 square metres and is designated for logistics development purposes. The minimum gross floor area and the maximum gross floor area are 58,320 square metres and 97,200 square metres respectively.

Ends/Thursday, February 16, 2012
Issued at HKT 17:01