A total of 11 tender offers received for two URA projects in Sham Shui Po

The Urban Renewal Authority (URA) today (Monday) announced that nine tender offers have been received for the Hai Tan Street/Kweilin Street & Pei Ho Street project and two tender offers for Nos. 229A - G Hai Tan Street demand-led project.
 
A tender review panel will consider the tenders received and make recommendation to the URA Board for a decision on the award of two separate development agreements in respect of these two projects.

Earlier, the URA invited 23 property developers to tender for the development of the Hai Tan Street/Kweilin Street & Pei Ho Street project and 25 property developers for the development of Nos. 229A - G Hai Tan Street demand-led project after they had put forward their expressions of interest.

The Hai Tan Street/Kweilin Street & Pei Ho Street project is a large-scale redevelopment project undertaken by the URA in Sham Shui Po with a total site area of about 7,510 square metres covering a cluster of three sites. Upon completion, it is expected to deliver a residential gross floor area of about 50,100 square metres, providing about 845 units. It will also provide a commercial gross floor area of about 5,400 square metres, about 1,900 square metres for Institution or Community facilities, and a public open space of about 1,500 square metres.

The other project at Nos. 229A - G Hai Tan Street is a demand-led redevelopment project in the first round of the pilot scheme. With a site area of about 430 square metres, the project is planned to deliver about 69 residential units with a total residential gross floor area of about 3,240 square metres and 400 square metres of commercial gross floor area.

(ENDS)