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Shun Ning Road development project in Sham Shui Po received 4 tender offers

The Urban Renewal Authority (URA) today (Friday) announced that a total of four tender offers have been received for the residential-cum-commercial development of Shun Ning Road project in Sham Shui Po.

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 in respect of this project.

Earlier, the URA asked 16 developers to submit a tender for the development after they had put forward their expressions of interest.

The project with a site area of about 825 square metres is located at Shun Ning Road near Tonkin Street in Sham Shui Po. The total residential gross floor area is about 6,186 square metres. It is expected that 50 percent of the total number of residential units will each have a saleable area of not more than 46.5 square metres (i.e. about 500 square feet).