Kai Tak, Tung Chung sites going up for tender
The government on Thursday said it will put up two residential sites for tender in the July-to-September period, which are expected to provide around 1,740 residential units.  Development Secretary Bernadette Linn described the plots in Kai Tak and Tung Chung as "prime locations" that provide easy access to all parts of the city.  She said developers of the site near Sung Wong Toi MTR Station will be required to build a 175-metre-long retail area, accounting for 11 percent of the Kai Tak Underground Shopping Street.  Other land sale conditions for the Kai Tak site also include constructing a range of social welfare facilities, such as a neighbourhood elderly centre. "As to whether that would dampen the price to be put forward by the tenderer, I think as with all land sale cases, the tenderer will have to take into account all conditions in the lease," Linn said. "I'm not too worried that the inclusion of these conditions will actually affect the prospect of the site being successfully tendered. It's a matter of pricing."  The plot in Tung Chung, meanwhile, will be the first residential site put up for sale in the area's new town extension, and is expected to provide around 410 flats.