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Sun Hung Kai Properties Limited wins $619M tender for Sha Tin Town Lot No. 623, beating out 9 other bidders.

HK

Sun Hung Kai Properties Limited wins $619M tender for Sha Tin Town Lot No. 623, beating out 9 other bidders.
HK

HK

Sun Hung Kai Properties Limited wins $619M tender for Sha Tin Town Lot No. 623, beating out 9 other bidders.

2024-07-17 18:15 Last Updated At:18:41

Tender awarded for site in Sha Tin

The Lands Department announced today (July 17) that the tender for a site, Sha Tin Town Lot No. 623 at Yuen Shun Circuit, Siu Lek Yuen, Sha Tin, New Territories, has been awarded to the highest 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 tenderers, other than the successful tenderer, in alphabetical order, with the name of the parent company where provided by the tenderer in brackets, were:

(1)Flylux Limited (China Merchants Land Limited);

(2)Harbour Knight Investments Limited (Wheelock Properties Limited);

(3)Keen Point Limited;

(4)Make Glory Limited (Far East Consortium International Limited);

(5)Sky Fly Development Limited (China Resources Land Limited);

(6)Sunshine Strength Limited (Great Eagle Holdings Limited);

(7)Top Global Investment Limited (China Overseas Land & Investment Limited);

(8)United Victory Limited (Sino Land Company Limited);

(9)Victory Rise Investments Limited (CK Asset Holdings Limited); and

(10)Wise Guide Development Limited (CITIC Pacific Limited).

Sha Tin Town Lot No. 623 has a site area of about 2 425 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 8 730 sq m and 14 550 sq m respectively. Both exclude the gross floor area of Government Accommodation, being a 60-place day care centre for the elderly, a centre for home care services for frail elderly persons and a lay-by, all to be constructed by the purchaser under the Conditions of Sale.

Source: AI-generated images

Source: AI-generated images

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Hong Kong Promotes Maritime Hub Status During Hamburg Trade Fair Visit

2024-09-05 08:30 Last Updated At:08:38

STL leads delegation to visit Hamburg

The Secretary for Transport and Logistics, Mr Lam Sai-hung, who is also the Chairman of the Hong Kong Maritime and Port Board (HKMPB), led a delegation of HKMPB members to Hamburg, Germany, to promote Hong Kong as an international maritime centre to the international maritime community.

Mr Lam and the delegation started their three-day visit to Hamburg on September 2 (Hamburg time) and met with a number of industry players, including the Hamburg Port Authority, major shipping liners, logistics companies and shipowners' association, to explain the strategic position of the Hong Kong international maritime centre as the "super connector" between Mainland China and the global markets, and how its high value-added maritime services can contribute to global maritime business. They also toured port facilities and learned about the smart and green features of the German terminals.

One of the highlights of this visit was the delegation's participation in the Shipbuilding, Machinery and Marine Technology (SMM) trade fair 2024 in Hamburg, where Mr Lam gave a speech at a speaking session to update the international maritime community on the latest developments of Hong Kong's maritime industry on September 3 (Hamburg time). He also joined a panel discussion on the same day and shared his insights on energy transition in global transport and logistics with the audience.

"On the maritime front, efficiency and connectivity are the two keywords for which Hong Kong is renowned. We have a free port with efficient customs clearance and strong international connectivity, featuring over 300 container vessel sailings each week to nearly 500 destinations worldwide. As a world-class and service-oriented economy, Hong Kong boasts a vibrant maritime services cluster comprising more than 1 100 companies that provide shipping and maritime business services. We also benefit from the unique institutional advantages provided under the 'one country, two systems' and serve as a springboard into the China market. These all contribute to our comprehensive maritime business capabilities, ranking us among the top four world's leading shipping centres, according to the recently released 2024 Xinhua-Baltic International Shipping Centre Development Index Report," Mr Lam said during the speaking session.

"Hong Kong as a free port is prone to external influences. We acknowledge the situation and believe challenges also entail opportunities. The Hong Kong Special Administrative Region Government announced the Action Plan on Maritime and Port Development Strategy last December to enhance port competitiveness, strengthen high value-added maritime services and enhance promotion of the Hong Kong maritime brand and grooming talent. While challenges abound, Hong Kong has ridden the wave of adversity time and again, emerging stronger and more resilient," he added.

The SMM is one of the world's leading trade fairs and conferences for the maritime industry, with over 40 000 visitors and 2 000 exhibitors from all over the world, including companies from Hong Kong and Mainland China.

Mr Lam hosted a networking lunch for around 20 representatives from various German maritime enterprises and organisations yesterday (September 4, Hamburg time) to create closer relationships and explore more business opportunities. Mr Lam also had a media interview with a German media organisation to tell the strengths of the Hong Kong maritime industry. The delegation then paid a courtesy visit to the Chinese Consul General in Hamburg, Mr Cong Wu, to brief him on the latest developments of the Hong Kong maritime industry.

The delegation concluded their visit to Hamburg and will arrive in Athens, Greece, this afternoon (September 5, Athens time).

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg  Source: HKSAR Government Press Releases

STL leads delegation to visit Hamburg Source: HKSAR Government Press Releases

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