Tender closes for Chi Kiang Street/Ha Heung Road project in To Kwa Wan
The Urban Renewal Authority (URA) today (Wednesday) announced that a total of 10 tender offers have been received for the development of the Chi Kiang Street / Ha Heung Road project in To Kwa Wan.
A tender review panel will consider the tenders received and shortly make recommendation to the URA Board for a decision on the award of a development agreement in respect of this project.
Earlier, the URA received 17 submissions expressing an interest in the development of the project; all of them were invited to submit a tender for the development.
The project site is about 930 square metres and upon completion is expected to deliver a total gross floor area of about 8,380 square metres for an estimated total of 116 residential units, together with the provision of commercial space of about 1,400 square metres. The URA plans to provide about 50% of the total number of residential units in this project with a saleable area of about 46.5 square metres, i.e. about 500 square feet.