Lai Sun Development Company Limited wins development of URA’s San Shan Road/Pau Chung Street Project in Ma Tau Kok
The Urban Renewal Authority (URA) today (Tuesday) announced that Winstead Limited, a wholly-owned subsidiary of Lai Sun Development Company Limited, has won the contract for the residential-cum-commercial development of San Shan Road/Pau Chung Street project in Ma Tau Kok by tender.
With a site area of about 1,170 square metres, the project occupies a corner site abutting San Shan Road and Pau Chung Street in Ma Tau Kok.
The project is planned to deliver a total gross floor area of about 10,534 square metres for an estimated total of 144 residential units, together with the provision of commercial space of about 1,756 square metres.
Lai Sun Development Company Limited is one of the eight tender submissions received for the above development project. The URA Board after careful consideration of all the tender submissions agreed that the offer made by Lai Sun Development Company Limited met all the tender requirements and represented the best benefit to the Authority.
A spokesman for the URA said the Authority was pleased to have the opportunity to implement the project with Lai Sun Development Company Limited, which has solid experience in delivering quality developments in Hong Kong.