The tender for a non-industrial site in Tsuen Wan has been awarded on a 50-year land grant at a premium of $2.475 billion, the Lands Department announced today.

Town Lot No. 441, at the junction of Wing Shun Street and Texaco Road, was awarded to Fast Mighty, a subsidiary of Chinachem Group Holdings.

It has a site area of about 6,515 sq m and is designated for non-industrial purposes excluding use as a godown, hotel and petrol filling station.

The site’s minimum and maximum gross floor areas are 24,757 sq m and 40,393 sq m.

Both exclude the gross floor area for government accommodation, namely a centre for home care services for frail seniors, a residential special childcare centre and a lay-by, to be constructed by the purchaser under the conditions of sale.