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Central, Kai Tak sites sold

May 16, 2017

The tenders for a commercial site and a residential site have been awarded on 50-year land grants for a total premium of $30.5 billion, the Lands Department announced today.

 

The commercial site - Inland Lot No. 9051 on Murray Road in Central - was awarded to Century Base Development, a subsidiary of Henderson Land Development Company, for $23.28 billion.

 

It has a site area of 2,880 sq m.

 

The minimum and maximum gross floor areas are 25,920 and 43,200 sq m.

 

The residential site - New Kowloon Inland Lot No. 6567 at Kai Tak - was awarded to Fancy Excellent, a subsidiary of KWG Property and Longfor Properties, for $7.23 billion.

 

It has a site area of 9,721 sq m.

 

The minimum and maximum gross floor areas are 32,079 sq m and 53,465 sq m.



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