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URA tender closes for Po On Road/Shun Ning Road project

In response to media enquiries on the tender submissions for the joint development of the Po On Road/Shun Ning Road project in Sham Shui Po, the Urban Renewal Authority (URA) today (Wednesday) issued the following statement:

A total of 13 tender offers have been received for the commercial/ residential development in Po On Road/Shun Ning Road, Sham Shui Po.

A tender review panel under the URA Board will consider the tenders and make recommendation to the Board for a decision in due course.

Earlier, 22 developers took part in an expression of interest exercise for the project. Twenty-one of them were qualified and invited to place a tender.

The Po On Road/Shun Ning Road project site covers an area of about 15,000 square feet and is expected to deliver a gross floor area of about 135,000 square feet for residential and commercial purposes upon completion. Open space of about 2,700 square feet in area will be provided for the enjoyment of the local community.