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Cheung Sha Wan site sold

October 30, 2017

The tender for a Cheung Sha Wan hotel site has been awarded on a 50-year land grant at a premium of $5.06 billion, the Lands Department announced today.


New Kowloon Inland Lot No. 6550 off Hing Wah Street West, Kowloon, was awarded to Fedder Limited, a subsidiary of Sun Hung Kai Properties Limited.


It has a site area of 4,880 sq m and is designated for hotel purposes.


The minimum and maximum gross floor areas are 20,862 sq m and 34,770 sq m.

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