Government Tender of Kwai Chung Logistic Land
Further comments from our director
Whilst a proposed logistics site at Tsing Yi has been taken for community isolation and treatment facility, the Gov’t offered another site (KCTL531) in Kwai Chung. Both sites are next to the Kwai Tsing Container Port, which consists of nine container terminals under five private operators.
KCTL531 will be developed into a logistics centre and the max permitted GFA on the land is 1.49 million sqft. The tender has been closed on 15 July with 3 bids received. Our Senior Director Alex Leung expects the price of the site to be in the region of HK$4.8b to $5.2b.
HK01 – https://bit.ly/3B0LNMn
HKET – https://bit.ly/3uU2vtc
Singtao – https://bit.ly/3yORJp9
Mingtiandi – https://bit.ly/3PhdZyR