The tender for a Yuen Long residential site has been awarded on a 50-year land grant at a premium of $209.8 million, the Lands Department announced today.

The Tai Kei Leng site was awarded to Gold Fusion Limited, a subsidiary of Lai Sun Development Company Limited.

With a site area of 1,119 sq m, the lot is designated for private residential purposes.

The minimum and maximum gross floor areas are 2,350 sq m and 3,916.5 sq m.