Kai Tak non-industrial site sold

Kai Tak non-industrial site sold

The tender for a Kai Tak non-industrial site has been awarded on a 50-year land grant at a premium of $24.6 billion, the Lands Department announced today.

New Kowloon Inland Lot No. 6556 was awarded to Rich Union Development, a subsidiary of Nan Fung Development.

It has a site area of 19,044 sq m and is designated for non-industrial purposes excluding residential, godown and petrol station.

The minimum and maximum gross floor areas are 106,602 and 177,670 sq m.

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