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URA tender closes for Queen's Road East project

In response to media enquiries on the tender submissions for the joint development of the Queen's Road East project in Wan Chai, the Urban Renewal Authority (URA) today (Friday) issued the following statement:

A total of 10 tender offers have been received for the joint venture development of the Queen's Road East project in Wan Chai.

A tender review panel under the URA Board will consider the tenders and make recommendation to the Board for a decision in due course.

Among the developers who earlier took part in an expression of interest exercise for the project, 17 were invited to submit a tender.

The project covers a site area of about 4,070 square feet and upon completion, is expected to deliver a minimum gross floor area of about 21,250 square feet for residential and commercial use.


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