Tender awarded for site in Yuen Long

The Lands Department today (August 30) announced that the tender for a site, Lot No. 1066 in Demarcation District No. 103 in Au Tau, Yuen Long, New Territories, has been awarded to the highest tenderer, Power Truth Development Limited (parent company: Allied Hope Ventures Limited), on a 50-year land grant at a premium of $988,888,888.

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) Avion Investment Limited (Henderson Land Development Company Limited)
(3) Charm City Investments Limited (Cheung Kong Property Holdings Limited)
(4) Clear Gain Investments Limited (Regal Hotels International Holdings Limited)
(5) Grand Build Development Limited (Grand Ming Group Holdings Limited)
(6) Luck Huge Limited
(7) Mazy Asia Limited (K. Wah International Holdings Limited)
(8) One Gold Investment Limited (K&K Property Holdings Limited)
(9) Sanon Limited (Far East Consortium International Limited)
(10) Super Great Limited (Sun Hung Kai Properties Limited)
(11) Sure Gain Corporation Limited (Emperor International Holdings Limited)
(12) Town House Development Limited (Kowloon Development Company Limited)
(13) United Horizon Limited (Wang On Properties Limited)

Lot No. 1066 in Demarcation District No. 103 has a site area of about 28,457 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 20,489 sq m and 34,148 sq m respectively. 

Ends/Tuesday, August 30, 2016
Issued at HKT 17:00