The tender for a Tuen Mun residential site has been awarded on a 50-year land grant at a premium of $3.168 billion, the Lands Department announced today.
Tuen Mun Town Lot No. 520 on Kwun Chui Road was awarded to Shum King Company, a subsidiary of Profit City Global and Medos.
It has a site area of 12,205 sq m and is designated for private residential purposes.
The minimum and maximum gross floor areas are 26,363 and 43,938 sq m.