Emperor International Holdings Limited wins development contract of URA’s Fuk Wing Street Project in Sham Shui Po
The Urban Renewal Authority (URA) Board today (Tuesday) announced that Wealthy Wide Limited, a wholly-owned subsidiary of Emperor International Holdings Limited, has won the contract for the development of Fuk Wing Street Project.
The URA earlier invited a number of pre-qualified property developers to submit a tender for the project. The URA received a total of 13 tender offers when the tender closed.
After careful deliberation, the URA Board considered that the tender offer made by Emperor International Holdings Limited has met the tender requirements of the project and represented the best offer to the Authority, and thus decided to award the development contract to Emperor International Holdings Limited.
A spokesman for the URA said the Authority was pleased to have the opportunity to implement the Fuk Wing Street Project with Emperor International Holdings Limited which has solid experience in delivering quality developments in Hong Kong.
The project covers a site area of about 596 square metres, between Castle Peak Road and Cheung Wah Street. Upon completion, it is planned to provide more than 90 residential units with a total residential gross floor area of about 4,471 square metres and 559 square metres of commercial gross floor area.