Central, Kai Tak sites sold

Central, Kai Tak sites sold

The tenders for a commercial site and a residential site have been awarded on 50-year land grants for a total premium of $30.5 billion, the Lands Department announced today.

The commercial site – Inland Lot No. 9051 on Murray Road in Central – was awarded to Century Base Development, a subsidiary of Henderson Land Development Company, for $23.28 billion.

It has a site area of 2,880 sq m.  The minimum and maximum gross floor areas are 25,920 and 43,200 sq m.  The residential site – New Kowloon Inland Lot No. 6567 at Kai Tak – was awarded to Fancy Excellent, a subsidiary of KWG Property and Longfor Properties, for $7.23 billion.  It has a site area of 9,721 sq m.The minimum and maximum gross floor areas are 32,079 sq m and 53,465 sq m.

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