Tender awarded for site in Sha Tin

     The Lands Department today (October 20) announced that the tender for a site, Sha Tin Town Lot No. 617 at On Yiu Street, Shek Mun, Sha Tin, New Territories, has been awarded to the highest tenderer, Jumbo Pacific Limited (parent company: Sun Hung Kai Properties Limited) on a 50-year land grant at a premium of $675.5 million.

     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) Asia Bright Development Limited (Sino Land Company Limited)
(2) Century Link Investments Limited (Wang On Group Limited)
(3) China Land Resources Development Limited (Chuang's China Investments Limited)
(4) Citypoint Investment Limited (Cheung Kong Property Holdings Limited)
(5) Dragon Mount Development Limited (Grand Ming Group Holdings Limited)
(6) Hanforth Limited
(7) K Wise Limited (K&K Property Holdings Limited)
(8) Master Green Limited (Soundwill Holdings Limited)
(9) Silver Grace Company Limited (K. Wah Properties (Holdings) Limited)
(10) Smart Base Holdings Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
(11) Sure Gain Corporation Limited (Emperor International Holdings Limited)
(12) Vicper Holdings Limited (Lai Sun Garment (International) Limited)

     Sha Tin Town Lot No. 617 has a site area of about 1,700 square metres and is designated for non-residential (excluding hotel, petrol filling station and residential care home) purposes. The minimum gross floor area and the maximum gross floor area are 9,690 sq m and 16,150 sq m respectively.

Ends/Tuesday, October 20, 2015
Issued at HKT 17:13

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