Press Releases
26 May 2016
11 Tenders Received for URA’s Pine Street/Oak Street Demand-led Project in Tai Kok Tsui
The Urban Renewal Authority (URA) today (Thursday) announced
that a total of 11 tender offers have been received for Pine
Street/Oak Street demand-led redevelopment project in Tai Kok
Tsui.
A tender review panel will consider the tenders received and make
recommendation to the URA Board for a decision on the award of a
development agreement.
Earlier, the URA invited 29 property developers to tender for the
project after their submissions of expression of interest.
The project site covers an area of about 767 square metres.
Upon completion, it is planned to provide about 115 residential
units with a total residential gross floor area of about 5,754
square metres and 719 square metres of commercial gross floor
area.
(ENDS)