The tender for a Yau Tong site has been awarded on a 50-year land grant for a premium of $3.3 billion, the Lands Department announced today.
The site, New Kowloon Inland Lot No. 6593 at Ko Chiu Road in Yau Tong, was awarded to Ace Alliance Development Limited.
It has a site area of 3,680 sq m and is designated for non-industrial purposes.
The minimum and maximum gross floor areas are 19,872 sq m and 33,120 sq m.