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Result Records - Year 2024 Third Quarter

DATE OF AWARDSTT NO./
LOCATION
AREA
(m2)
TERMUSERNAME OF SUCCESSFUL TENDERERAMOUNT TENDERED
09.08.2024 STTIS0254 -
Ngan Shu Street, Mui Wo, Lantau Island, New Territories
1 400 One year certain and thereafter monthly A fee-paying public carpark for the parking of private cars and motorcycles only, which are currently licensed under the provisions of the Road Traffic Ordinance (Cap. 374), any regulations made thereunder and any amending legislation U Park Limited Monthly rental of $28,000
05.08.2024 STTTP0107 -
Chong San Road, Tai Po, New Territories
3 870 One year certain and thereafter quarterly A fee-paying public carpark for the parking of motor vehicles (excluding gas vehicles as defined in the Gas Safety Ordinance (Cap. 51), medium goods vehicles, heavy goods vehicles, buses, container tractors and trailers) which are currently licensed for use on public streets and roads under the provisions of the Road Traffic Ordinance (Cap. 374), any regulations made thereunder and any amending legislation (hereinafter referred to as “the Road Traffic Ordinance”). For the purpose of this Agreement, “motor vehicle”, “medium goods vehicle”, “heavy goods vehicle”, “bus” and “trailer” shall be as defined in the Road Traffic Ordinance Value Parking Limited Monthly rental of $368,000
01.08.2024 STTKW0046 -

Junction of Lin Cheung Road and Jordan Road, Kowloon

6 640 Nine months certain and thereafter quarterly A fee-paying public carpark for parking of motor vehicles which are currently licensed under the Road Traffic Ordinance (Cap. 374), any regulations made thereunder and any amending legislation (excluding buses in respect of which a franchise is in force under the Public Bus Services Ordinance (Cap. 230), any regulations made thereunder and any amending legislation, medium goods vehicles, heavy goods vehicles, special purpose vehicles (the terms “buses”, “medium goods vehicles”, “heavy goods vehicles” and “special purpose vehicles” shall be as defined in the Road Traffic Ordinance (Cap. 374), any regulations made thereunder and any amending legislation), container vehicles and container tractors and trailers, gas vehicles and any motor vehicles carrying or laden with any container, cylinder or receptacle, whether such container, cylinder or receptacle is empty or not, which is used or to be used to contain liquefied petroleum gas for any purpose other than as the motor fuel for such motor vehicle) (the terms “gas vehicle”, “container”, “cylinder” and “liquefied petroleum gas” shall be as defined in the Gas Safety Ordinance (Cap. 51), any regulations made thereunder and any amending legislation) (hereinafter referred to as “the Fee-paying Public Carpark”). The decision of the Commissioner for Transport in determining what constitutes “receptacle”, “motor fuel”, “container vehicles”, “container tractors and trailers” and “the Fee-paying Public Carpark” shall be final and binding on the Tenant 24Park Limited Monthly rental of $689,000
03.07.2024 STTTM0127 -
Lung Kwu Sheung Tan, Tuen Mun, New Territories
6 060 Seven years certain and thereafter quarterly A steel reinforcing bar prefabrication yard for cutting and bending of steel reinforcing bars, fabrication of reinforcement cages and threading of steel reinforcing bars and coupling with reinforcement connectors together with such ancillary facilities and uses (hereinafter referred to as “the Prefabrication Yard”). The decision of the Director of Civil Engineering and Development as to what amounts to “ancillary facilities and uses” and what constitutes “the Prefabrication Yard” shall be final and binding on the Tenant

For the avoidance of doubt, the processing of materials for recycling (except for steel reinforcing bar wastage generated from this prefabrication yard), the storage of steel reinforcing bars for direct supply to purchasers and the production of concrete and/or asphalt or any part of the process of the production of concrete and/or asphalt shall not be allowed. In determining what constitutes “materials for recycling”, “steel reinforcing bar wastage” and “storage of steel reinforcing bars for direct supply to purchasers”, the decision of the Director of Civil Engineering and Development shall be final and binding on the Tenant
Golik Steel (HK) Limited Monthly rental of $200,000
DATE OF AWARD 09.08.2024
STT NO./ LOCATION STTIS0254 -
Ngan Shu Street, Mui Wo, Lantau Island, New Territories
AREA (m2) 1 400
TERM One year certain and thereafter monthly
USER A fee-paying public carpark for the parking of private cars and motorcycles only, which are currently licensed under the provisions of the Road Traffic Ordinance (Cap. 374), any regulations made thereunder and any amending legislation
NAME OF SUCCESSFUL TENDERER U Park Limited
AMOUNT TENDERED Monthly rental of $28,000
DATE OF AWARD 05.08.2024
STT NO./ LOCATION STTTP0107 -
Chong San Road, Tai Po, New Territories
AREA (m2) 3 870
TERM One year certain and thereafter quarterly
USER A fee-paying public carpark for the parking of motor vehicles (excluding gas vehicles as defined in the Gas Safety Ordinance (Cap. 51), medium goods vehicles, heavy goods vehicles, buses, container tractors and trailers) which are currently licensed for use on public streets and roads under the provisions of the Road Traffic Ordinance (Cap. 374), any regulations made thereunder and any amending legislation (hereinafter referred to as “the Road Traffic Ordinance”). For the purpose of this Agreement, “motor vehicle”, “medium goods vehicle”, “heavy goods vehicle”, “bus” and “trailer” shall be as defined in the Road Traffic Ordinance
NAME OF SUCCESSFUL TENDERER Value Parking Limited
AMOUNT TENDERED Monthly rental of $368,000
DATE OF AWARD 01.08.2024
STT NO./ LOCATION STTKW0046 -

Junction of Lin Cheung Road and Jordan Road, Kowloon

AREA (m2) 6 640
TERM Nine months certain and thereafter quarterly
USER A fee-paying public carpark for parking of motor vehicles which are currently licensed under the Road Traffic Ordinance (Cap. 374), any regulations made thereunder and any amending legislation (excluding buses in respect of which a franchise is in force under the Public Bus Services Ordinance (Cap. 230), any regulations made thereunder and any amending legislation, medium goods vehicles, heavy goods vehicles, special purpose vehicles (the terms “buses”, “medium goods vehicles”, “heavy goods vehicles” and “special purpose vehicles” shall be as defined in the Road Traffic Ordinance (Cap. 374), any regulations made thereunder and any amending legislation), container vehicles and container tractors and trailers, gas vehicles and any motor vehicles carrying or laden with any container, cylinder or receptacle, whether such container, cylinder or receptacle is empty or not, which is used or to be used to contain liquefied petroleum gas for any purpose other than as the motor fuel for such motor vehicle) (the terms “gas vehicle”, “container”, “cylinder” and “liquefied petroleum gas” shall be as defined in the Gas Safety Ordinance (Cap. 51), any regulations made thereunder and any amending legislation) (hereinafter referred to as “the Fee-paying Public Carpark”). The decision of the Commissioner for Transport in determining what constitutes “receptacle”, “motor fuel”, “container vehicles”, “container tractors and trailers” and “the Fee-paying Public Carpark” shall be final and binding on the Tenant
NAME OF SUCCESSFUL TENDERER 24Park Limited
AMOUNT TENDERED Monthly rental of $689,000
DATE OF AWARD 03.07.2024
STT NO./ LOCATION STTTM0127 -
Lung Kwu Sheung Tan, Tuen Mun, New Territories
AREA (m2) 6 060
TERM Seven years certain and thereafter quarterly
USER A steel reinforcing bar prefabrication yard for cutting and bending of steel reinforcing bars, fabrication of reinforcement cages and threading of steel reinforcing bars and coupling with reinforcement connectors together with such ancillary facilities and uses (hereinafter referred to as “the Prefabrication Yard”). The decision of the Director of Civil Engineering and Development as to what amounts to “ancillary facilities and uses” and what constitutes “the Prefabrication Yard” shall be final and binding on the Tenant

For the avoidance of doubt, the processing of materials for recycling (except for steel reinforcing bar wastage generated from this prefabrication yard), the storage of steel reinforcing bars for direct supply to purchasers and the production of concrete and/or asphalt or any part of the process of the production of concrete and/or asphalt shall not be allowed. In determining what constitutes “materials for recycling”, “steel reinforcing bar wastage” and “storage of steel reinforcing bars for direct supply to purchasers”, the decision of the Director of Civil Engineering and Development shall be final and binding on the Tenant
NAME OF SUCCESSFUL TENDERER Golik Steel (HK) Limited
AMOUNT TENDERED Monthly rental of $200,000