The tender for a Shek Mun site has been awarded on a 50-year land grant at a premium of $675.5 million, the Lands Department announced today.
The Lands Department yesterday (October 20) announced that the tender for a site, Sha Tin Town Lot No. 617 at On Yiu Street, Shek Mun, Sha Tin, New Territories, has been awarded to the highest tenderer, Jumbo Pacific Limited (parent company: Sun Hung Kai Properties Limited) on a 50-year land grant at a premium of $675.5 million.
Sha Tin Town Lot No. 617 has a site area of about 1,700 square meters and is designated for non-residential (excluding hotel, petrol filling station and residential care home) purposes. The minimum gross floor area and the maximum gross floor area are 9,690 sq m and 16,150 sq m respectively.