Invitation to Tender for URA’s Sung Hing Lane / Kwai Heung Street Development Project
The Urban Renewal Authority (URA) today (10 June 2022) invites a total of 34 property developers to tender for the development of the Sung Hing Lane / Kwai Heung Street Development Project (the Project) in Sai Ying Pun.
The URA will provide the relevant tender documents to the invited property developers, based on which they can submit tenders for the development. All tender submissions should reach the URA Headquarters at 26/F COSCO Tower, 183 Queen’s Road Central, by 12:00 noon on 11 July 2022 (Monday). Any submission of the tender received after the specified closing time mentioned above will not be accepted.
The tender review panel will consider the tenders received and then make a recommendation to the URA Board for its decision on the award of the development of the Project.
The Project, which covers a site area of 1,077.3 square metres, was commenced in July 2017. Upon completion, it is planned to provide a total gross floor area of about 8,804 square metres.
Through better site planning and design, the redevelopment aims to enhance the connectivity to the adjoining children’s playground while improving the existing pedestrian access from Des Voeux Road West and Kwai Heung Street.
The successful developer will be required to construct the new development in compliance with the standard and quality requirements, the environmentally sustainable provisions and smart provisions set out in the development agreement of the Project with the aim of creating a sustainable living environment.