The tender for a Tuen Mun site has been awarded on a 50-year land grant at a premium of $981.68 million, the Lands Department announced today.
Tuen Mun Town Lot No. 523 was awarded to Smart Tycoon, a subsidiary of Silver Era.
It has a site area of 7,578 sq m and is designated for private residential purposes.
The minimum and maximum gross floor areas are 16,368 and 27,280 sq m.