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Tender awarded for site in Tsing Yi

The Lands Department announced today (April 11) that the tender for a site, Tsing Yi Town Lot No. 192 at the junction of Liu To Road and Hang Mei Street, Tsing Yi, New Territories, has been awarded to the highest tenderer, Newex Limited (parent company: Wang On Properties Limited), on a 50-year land grant at a premium of $867.3 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) Asiafame Investment Limited (Precious Spring Limited)
(2) Cosmic Fortune Limited (Wheelock Properties Limited)
(3) Crown Gain Investments Limited (CK Asset Holdings Limited)
(4) Danford Development Limited (Sino Land Company Limited)
(5) Dragon Star H.K. Investments Limited (K. Wah International Holdings Limited)
(6) Faith Support Limited (Sino-Ocean Land (Hong Kong) Limited)
(7) Fame Top International Investment Limited
(8) Fine Time Development Limited (Hong Kong Ferry (Holdings) Company Limited)
(9) Grand Build Development Limited (Grand Ming Group Holdings Limited)
(10) Great Oscar Development Limited (Top Spring International Holdings Limited and Asia Allied Infrastructure Holdings Limited)
(11) Happy Land Corporation Limited (Emperor International Holdings Limited)
(12) Joy Wide Asia Investment Limited (Rosy Unicorn Limited)
(13) Macfull Limited (China Overseas Land & Investment Limited)
(14) One Gold Investment Limited (K&K Property Holdings Limited)
(15) Perfect Horizon Holdings Limited (Empire Development Hong Kong Limited)
(16) Power Ample Limited (Chevalier International Holdings Limited)
(17) Rainbow Legend Limited (New Explorer Investments Limited)
(18) Regal Galaxy Investment Limited (Treasure Dynasty Investments Limited)
(19) Silver Unicorn Global Limited (Country Garden Holdings Company Limited)
(20) Smart Base Holdings Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited)
(21) Sovereign Land Company Limited (Far East Consortium International Limited)
(22) Well Choice Limited
(23) White Peace Limited (CSI Properties Limited)
(24) Wiz Range Group Limited (Tai Hung Fai Group Holdings Limited)

Tsing Yi Town Lot No. 192 has a site area of about 1,335.6 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area is 5,431 square metres. The maximum gross floor area for private residential purposes is computed according to the relevant special condition in the Conditions of Sale. The total gross floor area for non-industrial (excluding godown, hotel and petrol filling station) purposes shall include the gross floor area of Government Accommodation, being a public transport terminus, to be provided under the Conditions of Sale.

Ends/Wednesday, April 11, 2018
Issued at HKT 17:40

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