Tender awarded for site in Sai Kung - Government World Magazine

The Lands Department announced today (August 26) that the tender for a site, Lot No. 1003 in Demarcation District No. 214 at Hiram’s Highway near Heung Chung Road, Ho Chung, Sai Kung, New Territories, has been awarded to the highest tenderer, Wise Castle Corporation Limited (parent company: Chime Corporation Limited), on a 50-year land grant at a premium of $531,880,000.

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)    Ample Sources Limited (Chevalier International Holdings Limited);
(2)    Artwell Group Holdings Corporation Limited;
(3)    Asset Capital Limited (Sun Hung Kai Properties Limited);
(4)    Boundless Investments Limited (K&K Property Holdings Limited);
(5)    Conford Investments Limited (CK Asset Holdings Limited);
(6)    Dynasty Asia Limited (Sino Land Company Limited);
(7)    Grand Build Development Limited (Grand Ming Group Holdings Limited);
(8)    Grand Harvest (HK) Development Limited;
(9)    Happy Land Corporation Limited (Emperor International Holdings Limited);
(10) Idea Chance Limited (Orion Land Limited);
(11) Innate Power Development Limited (K. Wah International Holdings Limited);
(12) Joy Wide Asia Investment Limited (Great Harvest Group Development Limited);
(13) Kayson Limited (New World Development Company Limited);
(14) Mega Source Global Limited (Far East Consortium International Limited);
(15) Prince Development Limited;
(16) Rainbow Legend Limited (New Explorer Investments Limited);
(17) Rise Source Limited (Kingboard Property Development (HK) Company Limited);
(18) Star Paradise Limited;
(19) Sunrise Treasure Limited (Great Eagle Holdings Limited);
(20) Wealth Max Properties Limited (Yau Lee Holdings Limited); and
(21) Wisdom Sign Limited (Wing Tai Properties Limited).

Lot No. 1003 in Demarcation District No. 214 has a site area of about 3,563 square metres and is designated for private residential purposes. The minimum gross floor area is 3,207 sq m and the maximum gross floor area that may be attained is 5,344 sq m.