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Invitation to Tender for Development of URA’s Castle Peak Road/Un Chau Street Development Project

The Urban Renewal Authority (URA) today (Friday) invites a total of 37 property developers to tender for the development of the Castle Peak Road/Un Chau Street Development Project (the Project) in Sham Shui Po.

The URA will provide the relevant tender documents to the invited property developers, based on which they can submit tenders for the development.  All tender submissions should reach the URA Headquarters at 26/F COSCO Tower, 183 Queen’s Road Central, by 12:00 noon on 5 October 2018 (Friday).  Any submission of the tender received after the specified closing time mentioned above will not be accepted.

The tender review panel will consider the tenders received and then make recommendation to the URA Board for its decision on the award of the development of the Project.

The Project, which covers a site area of about 1,650 square metres, was commenced in February 2014.  Upon completion, the new development will provide a maximum total gross floor area of about 14,840 square metres.

Since the tendering of two URA projects in Sham Shui Po in November 2014, the URA has imposed a minimum flat size requirement for each residential unit with a saleable area of not less than 24.2 square metres (i.e. 260 square feet).  To enhance the living space of the new developments, starting from Castle Peak Road/Un Chau Street Project, the URA plans to increase the minimum flat size for each residential unit to a saleable area of not less than 27.9 square metres (i.e. 300 square feet).

The successful developer will be required to construct the new development in compliance with the standard and quality requirements, the environmentally sustainable provisions and smart provisions set out in the development agreement of the Project with the aim of creating a sustainable living environment.

(ENDS)