The tender for a Beacon Hill site has been awarded on a 50-year land grant at a premium of $7.2688 billion, the Lands Department announced today.
New Kowloon Inland Lot No. 6533 on Lung Cheung Road was awarded to Kerry Properties subsidiary NMC 6.
It has a site area of 21,849 sq m and is designated for private residential purposes.
The minimum and maximum gross floor areas are 19,107 sq m and 31,844 sq m.
Beacon Hill site sold