Press Releases
Year 2022
-
6 Oct 2022
Seven Tenders Received for URA’s Wing Kwong Street / Sung On Street Development Project
The Urban Renewal Authority (URA) received a total of seven tenders for the development of the Wing Kwong Street / Sung On Street Development Project (the Project) in To Kwa Wan when the invitation for submission of tender closed today (6 October 2022). 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 the development of the Project. The URA earlier invited interested developers / consortia to submit Expressions of Interest for the Project. After careful consideration of the Expressions of Interest received, the TRP invited 31 developers / consortia to submit tenders. The Project, which covers a site area of 2,876 square metres, was commenced in June 2018. Upon completion,
-
27 Sep 2022
33 Expressions of Interest Received for Development of URA’s Queen’s Road West/ In Ku Lane Development Project
The Urban Renewal Authority (URA) received a total of 33 Expressions of Interest for the development of the Queen’s Road West/ In Ku Lane Development Project (the Project) in Sai Ying Pun when the invitation for submission closed today (27 September 2022). A tender review panel under the URA Board will shortlist the qualified developers from the submissions, taking into consideration their development experience and financial capability to undertake the development of the Project in accordance with the shortlisting criteria set by the tender review panel. Based on the principal tender terms approved by the URA Board, shortlisted developers will be invited to submit tenders for the development of the Project. The Project, which covers a site area of 1,566.7 square metres, was commenc
-
14 Sep 2022
URA Publishes Tender Amounts of Unsuccessful Submissions for Sung Hing Lane / Kwai Heung Street Development Project
The Urban Renewal Authority (URA) today (14 September 2022) published on an anonymous basis the tender amounts offered by the unsuccessful but conforming tenderers in the tender for the development of Sung Hing Lane / Kwai Heung Street Development Project (the Project) in Sai Ying Pun. The URA commenced the tender exercise of the Project earlier and a total of nine tenders were received when the tender closed on 11 July 2022. After careful deliberation by the URA Board, the URA awarded the tender for the Project to Mega Source Global Limited, a wholly-owned subsidiary of Far East Consortium International Limited, on 4 August 2022. In addition to publishing the name of the successful tenderer and its holding company upon the award of the tender through a press release, the URA also dis
-
9 Sep 2022
Invitation for Expressions of Interest for Development of URA’s Queen’s Road West / In Ku Lane Development Project
The Urban Renewal Authority (URA) will invite interested developers to submit Expressions of Interest (EOI) for the development of the Queen’s Road West / In Ku Lane Development Project (the Project) in Sai Ying Pun next Tuesday (13 September 2022). The Project, which covers a site area of 1,566.7 square metres, was commenced in March 2018. Upon completion, it is planned to provide a total gross floor area of about 11,290 square metres. The Project aims to rationalise the land uses and layout within the area by re-planning the public open space to improve the connectivity, accessibility and built environment. The existing In Ku Lane Refuse Collection Point, public toilet, and public open space, which will be re-provisioned in-situ and integrated within the future development, will
-
7 Sep 2022
24 Expressions of Interest Received for Development of URA’s Kwun Tong Town Centre Development Areas 4 & 5 Project
The Urban Renewal Authority (URA) received a total of 24 Expressions of Interest for the development of the Kwun Tong Town Centre Development Areas 4 & 5 Project (the Project) when the invitation for submission closed today (7 September 2022). A tender review panel under the URA Board will shortlist the qualified developers / consortia from the submissions, taking into consideration their development experience and financial capability to undertake the development of the Project in accordance with the shortlisting criteria set by the tender review panel. Based on the principal tender terms approved by the URA Board, shortlisted developers / consortia will be invited to submit tenders for the development of the Project. The Kwun Tong Town Centre Project is the URA’s largest single re
-
6 Sep 2022
Invitation to Tender for URA’s Wing Kwong Street / Sung On Street Development Project
The Urban Renewal Authority (URA) today (6 September 2022) invites a total of 31 developers / consortia to tender for the development of the Wing Kwong Street / Sung On Street Development Project (the Project) in To Kwa Wan. The URA will provide the relevant tender documents to the invited developers / consortia, 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 6 October 2022 (Thursday). 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 t
-
9 Aug 2022
31 Expressions of Interest Received for Development of URA’s Wing Kwong Street / Sung On Street Development Project
The Urban Renewal Authority (URA) received a total of 31 Expressions of Interest for the development of the Wing Kwong Street / Sung On Street Development Project (the Project) in To Kwa Wan when the invitation for submission closed today (9 August 2022). A tender review panel under the URA Board will shortlist the qualified developers / consortia from the submissions, taking into consideration their development experience and financial capability to undertake the development in accordance with the shortlisting criteria set by the tender review panel. Based on the principal tender terms approved by the URA Board, shortlisted developers / consortia will be invited to submit tenders for the development of the Project. The Project, which covers a site area of 2,876 square metres, was c
-
9 Aug 2022
Invitation for Expressions of Interest for Development of URA’s Kwun Tong Town Centre Development Areas 4 & 5 Project
The Urban Renewal Authority (URA) will invite interested developers / consortia to submit Expressions of Interest (EOI) for the development of the Kwun Tong Town Centre Development Areas 4 & 5 Project (The Project) tomorrow (10 August 2022). The Kwun Tong Town Centre Project is the URA’s largest single redevelopment project ever, with a phased redevelopment of five areas. The Project, being the last phase of the redevelopment, covers a site area of 25,595 square metres. Upon completion, it will provide a maximum total gross floor area (GFA) of 201,220 square metres. The Project will provide an iconic building complex with Government facilities and commercial development, not only enhancing the livelihood and economic vitality in the heart of Kwun Tong, but also serving as a new civi
-
4 Aug 2022
Tender Award for URA’s Sung Hing Lane / Kwai Heung Street Development Project
The Urban Renewal Authority (URA) announced today (4 August 2022) that the contract for the development of Sung Hing Lane / Kwai Heung Street Development Project (the Project) in Sai Ying Pun has been awarded to Mega Source Global Limited, a wholly-owned subsidiary of Far East Consortium International Limited, with a tender amount at HK$1,240 million. The URA earlier invited 34 property developers to submit tenders for the Project following an expression of interest exercise. The URA received a total of nine tenders from these 34 property developers when the submission of tender closed on 11 July 2022. After careful deliberation, the URA Board considered that the tender offer made by Mega Source Global Limited has met the tender requirements of the Project and thus decided to award
-
25 Jul 2022
Invitation for Expressions of Interest for Development of URA’s Wing Kwong Street / Sung On Street Development Project
The Urban Renewal Authority (URA) will invite interested property developers/ consortia to submit Expressions of Interest (EOI) for the development of the Wing Kwong Street / Sung On Street Development Project (the Project) in To Kwa Wan tomorrow (26 July 2022). The Project, which covers a site area of 2,876 square metres, was commenced in June 2018. Upon completion, it is planned to provide a maximum total gross floor area of 25,884 square metres. The successful property developer/ consortium will be required to construct the new development in compliance with the requirements of the master design control of To Kwa Wan district in Kowloon City as set out in the development agreement (the Agreement) of the Project to create synergy with adjoining development projects of the URA, all