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Tender closes for development of Yuet Wah Street Site, Kwun Tong

The Urban Renewal Authority (URA) today (Friday) announced that a total of eight tender offers have been received for the joint venture development of the Yuet Wah Street Site in Kwun Tong.

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

Fifteen submissions were received by the Authority in an expression of interest exercise for the project conducted earlier; 14 of them were invited to submit a tender for the project.

The site is located at the junction of Hip Wo Street and Yuet Wah Street, Kwun Tong covering an area of about 4,326 square metres.  Upon completion, it is expected to deliver a maximum gross floor area of about 27,830 square metres for residential and Government, Institution and Community uses.

(ENDS)