Lands Department releases tender amounts submitted for site in Sha Tin

     The Lands Department announced today (November 29) that in respect of the tender for the site Sha Tin Town Lot No. 625 at the junction of Sha Tin Wai Road and Siu Lek Yuen Road, Siu Lek Yuen, Sha Tin, New Territories, which was awarded on October 29 to the successful tenderer, Keen Mighty Limited (parent company: Chinachem Group Holdings Limited), on a 50-year land grant at a premium of $1,021,165,000, the tender amounts submitted by the unsuccessful tenderers in descending order are published on an anonymous basis as follows:

(1) $822,000,000
(2) $820,800,000
(3) $617,000,000
(4) $456,290,000
(5) $450,000,000

     The information disclosed in this press release is for information only.