The tender for a Cheung Sha Wan residential site has been awarded on a 50-year land grant at a premium of $17.29 billion, the Lands Department announced today.
New Kowloon Inland Lot No. 6549 was awarded to Sky Asia Properties, a subsidiary of a consortium made up of Sino Land Company, Shimao Property Holdings, Wheelock Properties, K Wah International Holdings and S E A Holdings.
It has a site area of about 19,348 sq m and is designated for private residential purposes.
The minimum and maximum gross floor areas are 55,062 and 91,770 sq m.