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Invitation to tender for Kwun Tong Town Centre Project (DAs 2 & 3) under the revised tender terms

The Urban Renewal Authority (URA) today (Tuesday) invited a total of 10 pre-qualified property developers to tender for the development of the Kwun Tong Town Centre Project (Development Areas 2 & 3) under the revised tender terms and project requirements following the URA Board's decision last week.

The 10 pre-qualified developers (full list at annex), which had earlier submitted their expressions of interest, were previously selected by a tender review panel under the URA Board after taking into consideration their experience and financial strength to undertake the development in accordance with the requirements and criteria set by the Authority. 

All tender proposals should reach the URA Headquarters at 26/F COSCO Tower, 183 Queen's Road Central, by 5:00 pm on Tuesday, 26 August 2014. The URA Board will consider all tender proposals and make a decision before end of September this year.

The Kwun Tong project is the largest redevelopment initiative ever undertaken by the URA since establishment. With a total area of about 5.35 hectares, the project is divided into five Development Areas and is implemented in phases. Development Areas 2 and 3 that are being put up for tender occupy a site of about 21,754 square metres. The new development targets to deliver some 1,700 residential units of a total gross floor area of about 138,980 square metres, a total non-domestic gross floor areas of about 33,220 square metres for retail shops, a two-level public transport interchange for franchised buses and public light buses, a hawker bazaar and a refuse collection point. A public open space of about 6,400 square metres will also be provided.

List of companies invited to submit tenders

1. Cheung Kong (Holdings) Limited

長江實業(集團)有限公司

2. Great Eagle Holdings Limited

鷹君集團有限公司

3. Henderson Land Development Company Limited

恆基兆業地產有限公司

4. Kerry Properties Limited

嘉里建設有限公司

5. Nan Fung Group Holdings Limited

南豐集團控股有限公司

6. New World Development Company Ltd.

新世界發展有限公司

7. Sino Land Company Limited

信和置業有限公司

8. Sun Hung Kai Properties Limited

新鴻基地產發展有限公司

9. Swire Properties Limited

太古地產有限公司

10. Wheelock and Company Limited

會德豐有限公司

(ENDS)