Tender amounts submitted for site in Tai Po

     The Lands Department announced today (November 26) that in respect of the tender for the site Tai Po Town Lot No. 241 at Tai Po Road – Tai Po Kau, Tai Po, New Territories, which was awarded on October 28 to the successful tenderer, Ideal Repute Developments Limited (parent company: Fresh Harmony Group Limited), on a 50-year land grant at a premium of $451,000,000, the tender amounts submitted by the unsuccessful tenderers in descending order are published on an anonymous basis as follows:

(1) $428,000,000
(2) $341,280,000
(3) $338,880,000
(4) $327,330,000
(5) $272,300,000
(6) $211,000,000
(7) $108,000,000

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