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11 Tenders Received for URA’s Pine Street/Oak Street Demand-led Project in Tai Kok Tsui

The Urban Renewal Authority (URA) today (Thursday) announced that a total of 11 tender offers have been received for Pine Street/Oak Street demand-led redevelopment project in Tai Kok Tsui.

A tender review panel will consider the tenders received and make recommendation to the URA Board for a decision on the award of a development agreement.

Earlier, the URA invited 29 property developers to tender for the project after their submissions of expression of interest.

The project site covers an area of about 767 square metres.  Upon completion, it is planned to provide about 115 residential units with a total residential gross floor area of about 5,754 square metres and 719 square metres of commercial gross floor area.


(ENDS)