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Tenders awarded for one commercial site and two residential sites

The Lands Department today (April 9) announced that the tenders for a commercial site and two residential sites have been awarded on 50-year land grants at a total premium of $1,583.599 million.

The commercial site, New Kowloon Inland Lot No. 6410 at 650 Cheung Sha Wan Road, Kowloon, was awarded to First Assets Investment Company Limited (parent company: First Group Holdings Limited) at $1,002 million. The residential site, Shau Kei Wan Inland Lot No. 854 at the junction of Oi Kan Road and Oi Tak Street, Shau Kei Wan, Hong Kong, was awarded to Oasis Rainbow Limited (parent company: Star Touch Limited) at $433.599 million. The residential site, Sha Tin Town Lot No. 604 at Mei Tin Road, Tai Wai, Sha Tin, New Territories, was awarded to Polyland Development Limited (parent company: Far East Consortium International Limited) at $148 million.

"Authority from the Central Tender Board was given to the Lands Department to award the three sites to the highest tenderers," a Lands Department spokesman said.

The tenderers, other than the successful tenderer, in respect of each lot in alphabetical order with the name of the parent company where provided by the tenderer in brackets were:

(a) New Kowloon Inland Lot No. 6410
(1) Charm City Investments Limited (Cheung Kong (Holdings) Limited)
(2) Elite Land Development Limited (Sino Land Company Limited)
(3) Ever Merits Investments Limited (Wheelock Properties Limited)
(4) Ever World Limited (Wang On Group Limited)
(5) Mass Treasure Limited
(6) Rise Top Properties Limited (Best Theme Investments Limited)
(7) Smart Base Holdings Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
(8) Star Fort Investments Limited (K&K Property Holdings Limited)
(9) Super Great Limited (Sun Hung Kai Properties Limited)
(10) Trillion Best Limited (Dorsett Hospitality International Limited)
(11) Vicper Holdings Limited (Lai Sun Development Company Limited)

(b) Shau Kei Wan Inland Lot No. 854
(1) Capital Benefit Limited (Great Plan Global Limited)
(2) Circle World Limited (Emperor International Holdings Limited)
(3) Easy Success Enterprises Limited (Chuang's Consortium International Limited)
(4) Get Nice International Limited (Get Nice Holdings Limited)
(5) Grace Friend Limited
(6) Grandwall Investment Limited (Wang On Group Limited)
(7) Ocean Victory Investment Limited (Asia Standard International Group Limited)
(8) Rich Asia Management Limited (Yau Lee Holdings Limited)
(9) Time Fort Limited (K&K Property Holdings Limited)

(c) Sha Tin Town Lot No. 604
(1) Allied Crown Limited (Hong Fok Land International Limited)
(2) East Region Limited (Sino Land Company Limited)
(3) Excel Billion Corporation Limited
(4) Great Alliance Limited (Sun Hung Kai Properties Limited)
(5) Moral Smart Capital Investment Limited (Gemini Investments (Holdings) Limited)
(6) New Rich Investments Limited (Wang On Group Limited)
(7) Rich Asia Management Limited (Yau Lee Holdings Limited)

New Kowloon Inland Lot No. 6410 has a site area of about 1,498.4 square metres and is designated for non-industrial (excluding private residential, godown and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 10,788 sq m and 17,980 sq m respectively. Both include the gross floor area of Government Accommodation, being a post office and ancillary parking, loading and unloading areas, to be constructed by the purchaser.

Shau Kei Wan Inland Lot No. 854 has a site area of about 476.4 sq m and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 2,572 sq m and 4,287 sq m respectively.

Sha Tin Town Lot No. 604 has a site area of about 687 sq m and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area is 2,474 sq m. The maximum gross floor area for non-industrial (excluding godown, hotel, petrol filling station and private residential) purposes is 2,061 sq m and the maximum gross floor area for private residential purposes is computed according to the relevant special condition in the Conditions of Sale.


Ends/Wednesday, April 9, 2014
Issued at HKT 18:04

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