Tender awarded for site in Kai Tak

The Lands Department today (December 29) announced that the tender for a site, New Kowloon Inland Lot No. 6566 at Kai Tak Area 1K Site 2, Kai Tak, Kowloon, has been awarded to the highest tenderer, Century Basis Limited (parent company: K. Wah International Holdings Limited), on a 50-year land grant at a premium of $5,868.988 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) Ace Alliance Development Limited (Poly Property Group Co., Limited and L'Avenue International Holdings Limited)
(2) Asia Profit Development Limited (China Overseas Land & Investment Limited, Sino Land Company Limited and S E A Holdings Limited)
(3) Best Wealth Limited (Vanke Property (Overseas) Limited)
(4) Big Board Limited (Profit City Global Limited)
(5) Channel First Limited (Sun Hung Kai Properties Limited)
(6) Cheerful United Limited (Chevalier International Holdings Limited and Wang On Properties Limited)
(7) Good Sense Development Limited (New World Development Company Limited and China Merchants Properties Development Limited)
(8) Handy Solution Limited (Wheelock Properties Limited)
(9) Henrik Investment Limited (Far East Consortium International Limited)
(10) Kit Fung Company Limited (Chime Corporation Limited)
(11) Luxe First Limited (Shimao Property Holdings Limited)
(12) Newings Resources Limited (China Resources Land Limited)
(13) Ocean Global Investments Limited (Perfect Jade Holdings Limited)
(14) Treasure King Investment Limited (Cheung Kong Property Holdings Limited)
(15) Unicorn Bay (Hong Kong) Investments Limited (Logan Property Holdings Company Limited)

New Kowloon Inland Lot No. 6566 has a site area of about 9,700 square metres and is designated for non-industrial (excluding office, godown, hotel and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 32,010 sq m and 53,350 sq m respectively.

Ends/Thursday, December 29, 2016
Issued at HKT 16:23