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Result of Expression of Interest for Fuk Tsun Street/Pine Street project in Tai Kok Tsui

The Urban Renewal Authority (URA) received a total of 15 Expressions of Interest in the joint venture development project at Fuk Tsun Street/ Pine Street in Tai Kok Tsui on the closing date today (Thursday).

A tender review panel under the URA Board will shortlist the qualified parties and invite them to submit a tender for the joint venture development project. It is expected that the tender exercise will take place in the near future.

The project site is about 560 square metres and upon completion is expected to deliver a total residential gross floor area of about 4,200 square metres for 72 residential units, together with the provision of commercial space of about 840 square metres. In line with its recent approach, URA plans to provide at least 43 small-sized residential units in this project which will have an area of  less than 46.5 square metres, i.e. about 500 square feet.