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Tenders awarded for two residential sites

The Lands Department today (August 13) announced that the tenders for two residential sites have been awarded on 50-year land grants at a total premium of $4,367.8 million.

Tsuen Wan Town Lot No. 393 at Yeung Uk Road, Tsuen Wan, New Territories, was awarded to Vincord Limited at $3,939.8 million. Sha Tin Town Lot No. 598 at Hang Kwong Street, Ma On Shan, Sha Tin, New Territories, was awarded to New Rich Investments Limited (parent companies: Kam Wah Sure Win Limited and Wang On Group Limited) at $428 million.

"Authority from the Central Tender Board was given to the Lands Department to award the two 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) Tsuen Wan Town Lot No. 393
(1) Brand Rise Limited (Shimao Property Holdings Limited)
(2) East Region Limited (Sino Land Company Limited)
(3) Great Rainbow Investments Limited (Cheung Kong (Holdings) Limited)
(4) Juliyam Limited (Henderson Land Development Company Limited)
(5) Leading Elite Limited (Wheelock Properties Limited)
(6) Shun Ho Construction (Holdings) Limited (Magnificent Estates Limited)
(7) Super Great Limited (Sun Hung Kai Properties Limited)
(8) Super Record Limited (New World Development Company Limited)
(9) Victor Solution Limited (Dorsett Hospitality International Limited)
(10) Wealth Start Development Limited (Tai Cheung Holdings Limited)

(b) Sha Tin Town Lot No. 598
(1) Bright Land Development Limited (Sino Land Company Limited)
(2) Bright Success Investment Limited (Halefort Properties Limited)
(3) Champion Wish Limited (Soundwill Holdings Limited)
(4) China Cyberworld Limited (Chuang's China Investments Limited)
(5) City Sight Limited (Far East Consortium International Limited)
(6) Dragon Star H.K. Investments Limited (K. Wah International Holdings Limited)
(7) Fine Time Development Limited (Hong Kong Ferry (Holdings) Company Limited)
(8) Hanforth Limited
(9) HKRP Management Limited (HKR International Limited)
(10) Hong Fok Corporation (H. K.) Limited (Hong Fok Corporation Limited)
(11) K Wise Limited (K&K Property Holdings Limited)
(12) Moral Smart Capital Investment Limited (Gemini Investments (Holdings) Limited)
(13) Rosy Advance Limited (Rosy Isle Limited)
(14) Smart Base Holdings Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
(15) Wilson Investments Limited (Cheung Kong (Holdings) Limited)

Tsuen Wan Town Lot No. 393 has a site area of about 14,160 square metres. The lot is partly designated for non-industrial (excluding private residential, godown and petrol filling station) purposes and partly designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 59,472 sq m and 99,120 sq m respectively, of which not exceeding 59,755 sq m are for non-industrial (excluding private residential, godown and petrol filling station) purposes and not exceeding 39,365 sq m are for private residential purposes. The total number of residential units to be built shall not be less than 790.

Sha Tin Town Lot No. 598 has a site area of about 3,100 sq m and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 6,415 sq m and 10,692 sq m respectively. The total number of residential units to be built shall not be less than 180.


Ends/Wednesday, August 13, 2014
Issued at HKT 17:41

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