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  1. Cheung Kong bags Tsuen Wan site for HK$9.6b

    Posted Aug 11th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Cheung Kong (Holdings) has surprised the market by acquiring a residential site on the Tsuen Wan waterfront for HK$9.631 billion, substantially more than industry expectations. This was the second time the MTR Corp put up the 'TW5 Bayside' site, located atop Tsuen Wan West train station, for tender. It was first released for bidding ...

  2. MTR reopens bids for Tsuen Wan West site

    Posted Jul 11th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com The MTR Corporation yesterday retendered the Tsuen Wan West Bayside waterfront residential site, a day after it withdrew another site from tender due ... the reserve price of the Tsuen Wan site, I think the chance that it would be pulled from tender again would be very high,' said Vincent Cheung Kiu-cho, national director for valuation at real ...

  3. Property - Hong Kong & China - LAND SALE

    Cheung Kong's aggressive bid for Tsuen Wan site boosts sentiment

    Posted Aug 15th 2012, 12:00am by Yvonne Liu

    ... Wan site up for tender last week has signalled a turnaround in sentiment and triggered new confidence among home sellers. Cheung Kong won the tender for the Tsuen Wan TW5 Bayside commercial and residential site above the Tsuen Wan West MTR station with a bid of HK$9.63 billion, or HK$4,308 per square foot. That was 13.4 per cent higher than the top market expectation of an HK$8.49 billion ...

  4. 15 express interest in Tai Wai site

    Posted May 12th 2012, 12:00am

    ... happened in January when a Tsuen Wan project was withdrawn by the MTR after it judged that the offers submitted by the developers were too low. Developers lining up to submit tenders for developing ... Earlier this year, the MTR Corp's HK$10 billion Tsuen Wan Bayside site attracted 17 developers to submit expressions of interest. However, only four bids were eventually submitted. 'The ...

  5. MTR Corp sites attract 12 bids from developers

    Posted Jan 10th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com MTR Corp's two residential sites at Tsuen Wan West MTR station yesterday attracted 12 bids from developers, but surveyors said they expect the offers ... or HK$4,000 per sq ft, and that the Cityside site was worth about HK$2.66 billion, or HK$3,200 per sq ft. The two sites are close to Tsuen Wan's Riviera Park. Bayside, on the waterfront, has ...

  6. Six developers seek piece of the action at Bayside

    Posted Aug 09th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com More developers submitted bids for a residential site on the Tsuen Wan waterfront yesterday on expectations the government might accept a lower offer. The TW5 Bayside project on top of the Tsuen Wan West MTR station has drawn six bids- from Sun Hung Kai Properties, Cheung Kong (Holdings), Sino Land, Henderson Land, Nan Fung Development ...

  7. Hotel development given priority on land sales list

    Posted Mar 01st 2008, 12:00am by Olga Wong, Yvonne Liu

    ... surrounded by 'wall' buildings. The MTR Corporation said yesterday it would launch tenders for three railway properties this year, including one at Che Kung Station and two at Tsuen Wan ... than the value of commercial sites, according to surveyors. Mrs Lam said the hotel sites were in North Point, Wan Chai, Central, Hung Hom, Kowloon Bay, Kwun Tong, Tsuen Wan, Sai Kung and Tin ...

  8. KCRC drops tender after low bids

    Posted May 18th 2007, 12:00am by Yvonne Liu

    ... atop Tuen Mun Station in December 2005. KCRC director of property Daniel Lam Chun said yesterday the company had decided not to award development rights for the first phase of the Tsuen Wan ... to Waterside Plaza. Seven 44 to 49-storey residential blocks with a floor area of 1.2 million square feet can be developed. It is the first phase of the Tsuen Wan West Station mixed development ...

  9. Bayside project lures fewer developers

    Posted Jun 28th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Fourteen developers have expressed interest in the HK$9.5 billion Tsuen Wan West MTR Bayside waterfront residential project. The developers, including Cheung ... it cheap,' Cheung said, adding the block is worth about HK$8.9 billion, or HK$4,000 per sq ft. The Cityside project next to the Tsuen Wan West MTR waterfront site was awarded to Chinachem ...

  10. Poor tender results dim hopes for housing sector

    Posted Jan 13th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Poor tender results for three residential sites in Tsuen Wan and Tseung Kwan O have underscored the growing pessimism of developers about the outlook for the property market. MTR Corp said yesterday the offers for the Bayside site at Tsuen Wan West station had not been accepted. It will invite expressions of interest to tender at another time. ...




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