The Lands Department today announced that the tender for a site at Shau Kei Wan Main Street East has been awarded on a 50-year land grant at a premium of $1.383899 billion.

Shau Kei Wan Inland Lot No. 860 was awarded to Fine Century Holdings, a subsidiary of Kerry Properties.

It has a site area of about 1,349.2 sq m and is designated for non-industrial purposes, excluding godown, hotel and petrol filling station. 

The site’s maximum gross floor area for private residential purposes is 12,142 sq m. This excludes the gross floor area for government accommodation, specifically a sub-base of a district elderly community centre, which is to be constructed by the purchaser under the Conditions of Sale.