Sino Land Company Limited wins URA's Fuk Tsun Street / Pine Street project in Tai Kok Tsui

The Urban Renewal Authority (URA) today (Monday) announced that Star Talent Development Limited, a wholly-owned subsidiary of Sino Land Company Limited, has won the contract for the joint development project at Fuk Tsun Street / Pine Street project in Tai Kok Tsui in a public tender exercise.

The project site is about 560 square metres and upon completion is expected to deliver a total residential gross floor area of about 4,200 square metres for 72 residential units, together with commercial space of about 840 square metres. In line with its recent approach, URA plans to provide at least 43 small-sized residential units in this project which will have an area of less than 46.5 square metres, i.e. about 500 square feet.

Sino Land Company Limited is one of the seven tender submissions received for the joint development project.  The URA Board after careful consideration of all the tender submissions agreed that the offer made by Sino Land Company Limited met all the tender requirements and represented the best benefit to the Authority.

A spokesman for the URA said the Authority was pleased to have the opportunity of entering into a joint development with Sino Land Company Limited, which has solid experience in delivering quality developments in Hong Kong.

(ENDS)