The tender for a Kai Tak site has been awarded on a 50-year land grant at a premium of $8.034 billion, the Lands Department announced today.
New Kowloon Inland Lot No. 6575 at Kai Tak Area 4B Site 2 was awarded to Macfull, a subsidiary of China Overseas Land & Investment.
It has a site area of 9,048 sq m and is designated for private residential purposes.
The minimum and maximum gross floor areas are 33,116 sq m and 55,192 sq m.