Tender awarded for site in Lei Yue Mun

The Lands Department today (December 17) announced that the tender for a site, Yau Tong Inland Lot No. 42 at Lei Yue Mun Path, Lei Yue Mun, Kowloon, has been awarded to Henmell Investment Limited (parent company: Kowloon Development Company Limited) on a 50-year land grant at a premium of $1,582 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) Art Champion Investment Limited (Cheung Kong (Holdings) Limited)
(3) Champion Wish Limited (Soundwill Holdings Limited)
(4) China Cyberworld Limited (Chuang's China Investments Limited)
(5) Digit World Development Limited
(6) Dragon Mount Development Limited (Grand Ming Group Holdings Limited)
(7) Fine Time Development Limited (Hong Kong Ferry (Holdings) Company Limited)
(8) Gainwide Development Limited (Nan Fung Development Limited)
(9) Golden Centurion Limited (Wheelock Properties Limited)
(10) Keen Union Limited (Sino Land Company Limited)
(11) Kingright International Limited (Pine Billion Enterprises Limited and Lai Sun Garment (International) Limited)
(12) Lucky Nice Limited (Chinese Estates Holdings Limited)
(13) Magic Energy Limited (Great Eagle Holdings Limited)
(14) Manful Global Development Limited (K. Wah International Holdings Limited)
(15) Moonview Time Limited (Galaxy Properties (H.K.) Limited)
(16) Newly Development Limited (New World Development Company Limited)
(17) Pacific Ace Investments Limited (Early Light International (Holdings) Limited and Wang On Group Limited)
(18) Sky Superb Limited (Chun Wo Development Holdings Limited and China City Construction (International) Co., Limited)
(19) Super Great Limited (Sun Hung Kai Properties Limited)
(20) Time Fort Limited (K&K Property Holdings Limited)
(21) Wealthy Wide Limited (Emperor International Holdings Limited and Citycharm Investments Limited)

Yau Tong Inland Lot No. 42 has a site area of about 3,240 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 17,496 sq m and 29,160 sq m respectively, both including the gross floor area of a public vehicle park to be constructed by the purchaser. The total number of residential units to be built shall not be less than 345.

Ends/Wednesday, December 17, 2014
Issued at HKT 17:22