Tender awarded for site in Cheung Chau

The Lands Department today (June 24) announced that the tender for a site, Lot No. 1872 in Demarcation District Cheung Chau at Fa Peng Road, Cheung Chau, New Territories, has been awarded to Moonlight Shadow Holdings Limited on a 50-year land grant at a premium of $68,888,888.88.

"Authority from the Central Tender Board was given to the Lands Department to award the site to the highest tenderer," a Lands Department spokesman said.

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) Bestley Properties Limited (Sino Land Company Limited)
(2) Billion King Capital Investment Limited
(3) Modern Fortune Trading Limited (Grand Jubilee Investments Limited)

Lot No. 1872 in Demarcation District Cheung Chau has a site area of about 3,410 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 1,637 sq m and 2,728 sq m respectively.

Ends/Wednesday, June 24, 2015
Issued at HKT 17:01