32 Expressions of Interest received for Development of Kowloon Road/Kiu Yam Street Demand-led Project in Sham Shui Po

The Urban Renewal Authority (URA) received a total of 32 Expressions of Interest for the Kowloon Road/Kiu Yam Street demand-led redevelopment project in Sham Shui Po when the invitation for submission closed today (Thursday).

A tender review panel under the URA Board will shortlist the qualified developers, taking into consideration their experience and financial capability to undertake the development in accordance with the requirements and criteria set by the URA.  The URA will soon invite the qualified developers to submit tenders for the development based on the principal tender terms approved by the URA Board earlier. 

The project site, which covers an area of 543 square metres, was commenced in April 2013 under the second round of the URA's Demand-led Redevelopment Projects (Pilot Scheme).  It is tentatively scheduled for completion by 2019/2020, upon which it is planned to provide about 80 residential units with a total residential gross floor area of about 4,070 square metres and 814 square metres of commercial gross floor area. 

(ENDS)