Ngau Tau Kok site sold

Source: Hong Kong Information Services

The tender for a site on Choi Ha Road, Ngau Tau Kok has been awarded on a 50-year land grant at a premium of about $1.806 billion, the Lands Department announced today.

New Kowloon Inland Lot No. 6675, on Choi Ha Road, was awarded to Maxjet, a subsidiary of China Overseas Land & Investment.

It has a site area of about 3,132 sq m and is designated for non-industrial purposes, excluding godown, hotel or petrol filling station.

The maximum gross floor area for private residential purposes that may be attained is 23,490 sq m.