Kai Tak site sold

Kai Tak site sold

The tender for a Kai Tak site has been awarded on a 50-year land grant for a premium of $25.161 billion, the Lands Department announced today.

The site, located at New Kowloon Inland Lot No. 6568 at Kai Tak Area 1F, Site 1, was awarded to Super Great Limited, a subsidiary of Sun Hung Kai Properties.

It has a site area of 16,556 sq m and is designated for non-industrial uses.

The minimum and maximum gross floor areas are 78,897 sq m and 131,495 sq m. Both include the gross floor area of residential care homes and day care centres for the elderly to be constructed by the developer.

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