Tuen Mun site sold

Source: Hong Kong Information Services

The tender for a non-industrial site in Tuen Mun has been awarded on a 50-year land grant at a premium of $1.089 billion, the Lands Department announced today.

Tuen Mun Town Lot No. 569 at Hoi Chu Road, Tuen Mun, was awarded to Sky Honest, a subsidiary of Sino Land Company.

It has a site area of about 4,368 sq m and is designated for non-industrial purposes excluding its use as a godown, hotel and petrol filling station.

The site’s minimum and maximum gross floor areas are 15,725 sq m and 26,208 sq m.

Both exclude the gross floor area of government accommodation, being a public transport terminus, to be constructed by the purchaser under the conditions of sale.