11 Tenders Received for URA’s Kowloon Road/Kiu Yam Street Demand-led Project in Sham Shui Po

The Urban Renewal Authority (URA) received a total of 11 tender offers for the  Kowloon Road/Kiu Yam Street demand-led redevelopment project in Sham Shui Po when the invitation for submission closed today (Wednesday).

A tender review panel (TRP) under the URA Board will consider the tenders received and make recommendation to the URA Board for its decision on the award of a development agreement.

The URA earlier invited interested developers to submit Expressions of Interest for the development and after careful consideration, the TRP decided to invite 27 qualified property developers to tender for the project.

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)