The Urban Renewal Authority’s move to disclose the winning tender’s value, the list of bidders and an anonymous list of submitted bids for the first time as part of a redevelopment project, has received a strong response, as more than half of the invited developers have submitted bids.
The Tung Chau Street/Kweilin Street Demand-Led Redevelopment Project in Sham Shui Po received bids from 20 of the 38 invited developers, according to the authority.
The authority declined further…
Source : South China Morning Post
Read more…Builders welcome transparency in Hong Kong redevelopment project















