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Sai Kung site sold

The tender for a Sai Kung site has been awarded on a 50-year land grant at a premium of $531.88 million, the Lands Department announced today.


Lot No. 1003 in Demarcation District No. 214 at Hiram?s Highway near Heung Chung Road, Ho Chung, Sai Kung was awarded to Wise Castle Corporation, a subsidiary of Chime Corporation.


It has a site area of about 3,563 sq m and is designated for private residential purposes.


The minimum and maximum gross floor areas are 3,207 sq m and 5,344 sq m.

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