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Tender awarded for site in Fanling

The Lands Department today (September 29) announced that the tender for a site, Fanling Sheung Shui Town Lot No. 255 at the junction of Luen Hing Street, Wo Fung Street and Luen Shing Street, Luen Wo Hui, Fanling, New Territories, has been awarded to Bright Land Development Limited (parent company: Sino Land Company Limited) on a 50-year land grant at a premium of $730 million.

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

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

(1) Alliance Grace Limited (Vanke Property (Hong Kong) Company Limited)
(2) Assets Island Limited (ITC Properties Group Limited)
(3) Best Vision Development Limited (Sun Hung Kai Properties Limited)
(4) Capitol Investments Limited (Coda Properties Limited)
(5) Charm City Investments Limited (Cheung Kong (Holdings) Limited)
(6) Dragon Mount Development Limited (Grand Ming Group Holdings Limited)
(7) Dragon Star H.K. Investments Limited (K. Wah International Holdings Limited)
(8) Ease Success Limited (Great Eagle Holdings Limited)
(9) Fine Time Development Limited (Hong Kong Ferry (Holdings) Company Limited)
(10) Gold Famous Development Limited (Hon Kwok Land Investment Company, Limited)
(11) Grace Friend Limited
(12) Hanforth Limited
(13) Harbour Bright Limited (Peterson Holdings Company Limited)
(14) Henrik Investment Limited (Far East Consortium Limited)
(15) HKRP Management Limited (HKR International Limited)
(16) Hong Fok Corporation (H.K.) Limited (Hong Fok Corporation Limited)
(17) K Wise Limited (K&K Property Holdings Limited)
(18) Lucky Nice Limited (Chinese Estates Holdings Limited)
(19) Million Success Holdings Limited (Kingboard Property Development (HK) Company Limited)
(20) Rich Asia Management Limited (Yau Lee Holdings Limited)
(21) Smart Base Holdings Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
(22) United Horizon Limited (Kam Wah Evergreen Limited and Wang On Group Limited)

Fanling Sheung Shui Town Lot No. 255 has a site area of about 2,828 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 11,701 sq m and 19,501 sq m respectively, both including the gross floor area of a public car park to be constructed by the purchaser. The total number of residential units to be built shall not be less than 250.


Ends/Monday, September 29, 2014
Issued at HKT 17:35

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