Tender awarded for site in Yau Tong

The Lands Department today (August 3) announced that the tender for a site, Yau Tong Inland Lot No. 44 at the junction of Shung Shun Street and Yan Yue Wai, Yau Tong, Kowloon, has been awarded to the highest tenderer, Massive Leader Limited (parent company: Minmetals Land Limited), on a 50-year land grant at a premium of $4,005,612,300.

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, K. Wah International Holdings Limited and Lai Sun Development Company Limited)
(2) City Champion Investments Limited (Cheung Kong Property Holdings Limited)
(3) Clear Gain Investments Limited (Regal Hotels International Holdings Limited)
(4) Dream Garden Investments Limited (New World Development Company Limited, Vanke Property (Overseas) Limited and CSI Property Investments Limited)
(5) Fancy Excellent Limited
(6) Hillview Golf Travel Company Limited (Total Thrive Holdings Limited)
(7) Kit Fung Company Limited (Chime Corporation Limited)
(8) Modern Expert Limited (Wheelock Properties Limited)
(9) Sanon Limited (Far East Consortium International Limited)
(10) Super Great Limited (Sun Hung Kai Properties Limited)
(11) Win Standard Enterprises Limited (Hong Kong Ferry (Holdings) Company Limited)
(12) Winner Up Investment Limited (Emperor International Holdings Limited and Grand Ming Group Holdings Limited)

Yau Tong Inland Lot No. 44 has a site area of about 10,530 square metres and is designated for non-industrial (excluding godown, hotel, office and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 31,590 sq m and 52,650 sq m respectively, both including the gross floor area of a public vehicle park to be constructed by the purchaser.

Ends/Wednesday, August 3, 2016
Issued at HKT 17:00