The site at the junction of Gillies Avenue South and Bulkeley Street in Hung Hom was awarded to Well Dynamic for HK$406.3 million. It has a site area of 582.3m2. At least 70 flats must be built, each with a saleable area of 35-40m2.
The Lee Kung Street site was awarded to Alcon Investments for HK$801m. The lot has a site area of 1,298.7m2 and at least 170 flats must be built.
Both tenders were awarded on the basis of a 50-year land grant. The Gillies Avenue tender attracted eight other bidders while 10 other companies competed for the Lee Kung Street site.
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