Skip to main content
Press Releases

Tender awarded for development of URA’s Tonkin Street/ Fuk Wing Street Development Project

The Urban Renewal Authority (URA) today (23 April 2020) announced that the contract for the development of the Tonkin Street/ Fuk Wing Street Development Project (the Project) in Sham Shui Po has been awarded to Wider Loyal Limited, a wholly-owned subsidiary of Chime Corporation Limited. The tender amount offered by Wider Loyal Limited is HK$912.8 million, which is the highest among the tender submissions received by the URA for this project.

The URA earlier invited 36 property developers to submit tenders for the Project following an expression of interest exercise. The URA received a total of 17 tenders from these 36 property developers when the submission of tender closed on 7 April 2020.

After careful deliberation, the URA Board considered that the tender offer made by Wider Loyal Limited has met the tender requirements of the Project and thus decided to award the development contract to Wider Loyal Limited. A list of the 16 unsuccessful tenderers and their respective parent companies is at Annex. The URA will later publish on an anonymous basis the tender amounts of these unsuccessful but conforming tenders after the execution of the development agreement with the successful tenderer (usually within 21 business days after the tender award).

The Project, which covers a site area of about 1,070 square metres, was commenced in March 2013. Upon completion, it will provide a maximum total gross floor area of about 9,670 square metres.

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.



List of unsuccessful tenderers of the Tonkin Street/ Fuk Wing Street Development Project
(In alphabetical order of the names of the tenderers)


Name of Unsuccessful Tenderer

Name of Parent Company


Ample Sources Limited


Chevalier International Holdings Limited


Champion Estate (HK) Limited

Wing Tai Properties Limited



Crown Gain Investments Limited


CK Asset Holdings Limited



Detheridge Estates Limited


Far East Consortium International Limited


Gain Concept Holdings Limited


Charming King Limited


Happy Land Corporation Limited


Emperor International Holdings Limited



Lucky Victory Limited


Sino Land Company Limited



Modern Expert Limited

Wheelock and Company Limited



Nation Star Development Limited


Henderson Land Development Company Limited



Nice East Investment Limited

ITC Properties Group Limited



Pristine Great Limited


Lai Sun Development Company Limited



Rainbow Legend Limited


Road King Infrastructure Limited


Strong Associate Limited


K. Wah International Holdings Limited



Topco (H.K.) Limited


Sun Hung Kai Properties Limited



Town House Development Limited


Kowloon Development Company Limited



United Horizon Limited


Wang On Properties Limited