Tuen Mun site awarded for HK$429m

Tuen Mun site awarded for HK$429m

The tender for a site on Yip Wong Road in Area 18, Tuen Mun, has been awarded to Chuang’s China Investments on a 50-year land grant for $428.8 million, the Lands Department announced today.

Tuen Mun Town Lot No. 514 has a site area of about 2,428 square metres and is designated for non-industrial (excluding godown, hotel and petrol station) purposes.

The minimum gross floor area is 7,975 sq m. The maximum gross floor area for non-industrial (excluding godown, hotel, petrol station and private residential) purposes is 2,428 sq m.

The maximum gross floor area for private residential purposes is computed according to the Conditions of Sale.

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