The tender for a Tai Po site has been awarded on a 50-year land grant at a premium of $4 billion, the Lands Department announced on May 17. Tai Po Town Lot No. 227 at Chong San Road, Pak Shek Kok, was awarded to Billion Real Estate Holdings subsidiary King Future. It has a site area of 28,685 square metres and is designated for private residential purposes. The minimum and maximum gross floor areas are 61,960 and 103,266 sq m.
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