The Lands Department announced today (January 27) that the tender for a site, Sha Tin Town Lot No. 651 at Mei Tin Road, Tai Wai, Sha Tin, New Territories, has been awarded to the highest tenderer, Forum Pacific Limited (parent company: Sun Hung Kai Properties Limited), on a 50-year land grant at a premium of $606,000,000.
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) Boundless Investments Limited (K&K Property Holdings Limited);
(2) Conford Investments Limited (CK Asset Holdings Limited);
(3) Maxjet Company Limited (China Overseas Land & Investment Limited);
(4) Noble Perfect Investments Limited (Kerry Properties Limited); and
(5) Well Elite Limited (Sino Land Company Limited).
Sha Tin Town Lot No. 651 has a site area of about 3 600 square metres and is designated for private residential purposes. The minimum gross floor area is 10 800 sq m, and the maximum gross floor area that may be attained is 18 000 sq m.
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