Hong Kong – Lands Department releases tender amounts submitted for site in Sha Tin

     The Lands Department announced today (August 14) that in respect of the tender for the site Sha Tin Town Lot No. 623 at Yuen Shun Circuit, Siu Lek Yuen, Sha Tin, New Territories, which was awarded on July 17 to the successful tenderer, Fair Opal Limited (parent company: Sun Hung Kai Properties Limited), on a 50-year land grant at a premium of $619,000,000, the tender amounts submitted by the unsuccessful tenderers in descending order are published on an anonymous basis as follows: 

(1) $590,000,000
(2) $533,880,000
(3) $470,000,000
(4) $391,540,000
(5) $356,000,000
(6) $300,000,000
(7) $284,000,000
(8) $233,000,000
(9) $218,000,000
(10) $171,000,000

     The information disclosed in this press release is for information only.