Tender awarded for site in Tai Po

The Lands Department today (May 17) announced that the tender for a site, Tai Po Town Lot No. 227 at Chong San Road, Pak Shek Kok, Tai Po, New Territories, has been awarded to the highest tenderer, King Future Limited (parent company: Billion Real Estate Holdings Limited), on a 50-year land grant at a premium of $4,023.88 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) Best Wealth Limited (Vanke Property (Overseas) Limited)
(2) Channel First Limited (Sun Hung Kai Properties Limited)
(3) City Champion Investments Limited (Cheung Kong Property Holdings Limited)
(4) Dragon Mount Development Limited (Grand Ming Group Holdings Limited)
(5) Fancy Excellent Limited
(6) Golden Centurion Limited (Wheelock Properties Limited)
(7) Juliyam Limited (Henderson Land Development Company Limited)
(8) New Fusion Trading Limited (Gingerlily Investments Limited)
(9) Sanon Limited (Far East Consortium International Limited)
(10) Sky Dynamic Development Limited (Sino Land Company Limited, K. Wah International Holdings Limited, Manhattan Garments (International) Limited and New World Development Limited)
(11) Smart Base Holdings Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
(12) Success Creation International Limited (Zone Lead Holdings Limited)

Tai Po Town Lot No. 227 has a site area of about 28,685 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 61,960 sq m and 103,266 sq m respectively.

Ends/Tuesday, May 17, 2016
Issued at HKT 17:01