The Urban Renewal Authority (URA) announced that a total of seven tender offers have been received for the joint venture development of Fuk Tsun Street/Pine Street project in Tai Kok Tsui.
     A tender review panel will consider the tenders received and make recommendation to the URA Board for a decision in due course.
     The project site is about 560 square metres and upon completion is expected to deliver a total residential gross floor area of about 4,200 sq m for 72 residential units, together with the provision of commercial space of about 840 square metres. In line with its recent approach, URA plans to provide at least 43 small-sized residential units in this project which will have an area of  less than 46.5 sq m, i.e. about 500 sq f.