The tender for a Sha Tin site has been awarded on a 50-year land grant at a premium of $1.953 billion, the Lands Department announced today.
Sha Tin Town Lot No. 614 at Lai Ping Road, Kau To, was awarded to Cheung Kong Property subsidiary Rich View Investments.
It has a site area of 6,299 sq m and is designated for private residential purposes.
The minimum and maximum gross floor areas are 13,606 sq m and 22,676 sq m.
