Tender awarded for site in Kai Tak

     The Lands Department announced today (February 17) that the tender for a site, New Kowloon Inland Lot No. 6604 at Kai Tak Area 4E Site 2, Kai Tak, Kowloon, has been awarded to the highest tenderer, City Champion Investments Limited (parent company: CK Asset Holdings Limited), on a 50-year land grant at a premium of $10,280,000,000.

     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) Charmfield Pacific Limited (K. Wah International Holdings Limited);
(2) Confident Lead Investments Limited (Wheelock Properties Limited and Hysan Development Company Limited);
(3) Perfect Fame Limited (Sino Land Company Limited); and
(4) Topco (H.K.) Limited (Sun Hung Kai Properties Limited).

     New Kowloon Inland Lot No. 6604 has a site area of about 10,948 square metres and is designated for non-industrial (excluding office, godown, hotel and petrol filling station) purposes. The minimum gross floor area is 36,129 sq m and the maximum gross floor area that may be attained is 60,214 sq m.