The tender for an Ap Lei Chau site has been awarded on a 50-year land grant at a premium of $1.3328 billion, the Lands Department announced today.

Ap Lei Chau Inland Lot No. 137 at Ap Lei Chau Praya Road was awarded to Wealth Start Development, a subsidiary of Tai Cheung Holdings.

It has a site area of about 1,128.8 sq m with a minimum gross floor area of 4,921 sq m.

The maximum gross floor area for private residential purposes is 8,201.6 sq m.

The maximum gross floor area for non-industrial purposes is computed according to the relevant special condition in the conditions of sale.