Yuen Long site sold

Yuen Long site sold

The tender for Yuen Long Lot No.2115 has been awarded to Modern Fortune Trading on a 50-year land grant at a premium of $548 million, the Lands Department announced today.

Modern Fortune’s parent company is Grand Jubilee Investments.

The site, at the junction of San Tam Road and Maple Gardens 1st Street, Ngau Tam Mei, Yuen Long, has an area of 8,754 square metres and is designated for private residential purposes.

The minimum and maximum gross floor areas are 2,521 and 4,201 sq m.

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