Tender awarded for site in Kennedy Town

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     The Lands Department announced today (November 9) that the tender for a site, Inland Lot No. 9069 at Sai Ning Street and Victoria Road, Kennedy Town, Hong Kong, has been awarded to the highest tenderer, Grand Harvest (HK) Development Limited, on a 50-year land grant at a premium of $439,299,000.

     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) Brilliant Globe Limited (Sino Land Company Limited);
(2) Chevalier Shop Limited (Chevalier International Holdings Limited);
(3) Ever Maple Limited (Noble Steed Limited);
(4) Grand Build Development Limited (Grand Ming Group Holdings Limited);
(5) Leading Direction Limited (Paliburg Holdings Limited and Regal Hotels International Holdings Limited);
(6) Shing Way International Limited (K. Wah International Holdings Limited and China Merchants Land Limited);
(7) Sunlight Fortune Limited (Great Eagle Holdings Limited); and
(8) Treasure King Investment Limited (CK Asset Holdings Limited).

     Inland Lot No. 9069 has a site area of about 537 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area is 2 578 sq m. The maximum gross floor area for private residential purposes that may be attained is 4 296 sq m. The maximum gross floor area for non-industrial (excluding private residential, godown, hotel and petrol filling station) purposes is computed according to the relevant special condition in the Conditions of Sale.

Ends/Wednesday, November 9, 2022
Issued at HKT 18:20

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