＜HK Home＞LandsD: Tender for Site of Pilot Scheme in Chai Wan Fails to Meet Reserve Price and Not Awarded

AASTOCKS

2024-07-24 16:37

　　The Lands Department announced that the tender for the residential land at Chai Wan Inland Lot No. 185, Cheung Man Road, Chai Wan, Hong Kong was not accepted because the tender price did not reach the reserve price set by the government for the site. The tenderer was Able Best Limited, and its parent company is ABLE ENG HLDGS (01627.HK) +0.005 (+1.124%) .

　　The Government will not speculate on the considerations behind the bids placed by tenderers.

　　Not less than 700 residential units shall be developed within the lot under the Private Subsidized Sale Flats Pilot Scheme. The tender closed on 19 July.

　　(HK stocks quote is delayed for at least 15 mins.)

Disclaimer:The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Latest News

Promoting the development of lithium and sodium in the new energy industry