News Column

Sha Tin site tender awarded

June 25, 2014

The tender for Sha Tin Town Lot No. 599 has been awarded to Grandwall Investment Limited on a 50-year land grant at a premium of $703.8 million, the Lands Department announced today.

Grandwall's parent companies are Kam Wah Holdings Limited and Wang On Group Limited.

The site, at Ma Kam Street in Ma On Shan, has an area of about 3,091 square metres and is designated for private residential purposes. The minimum and maximum gross floor areas are 11,160 sq m and 18,600 sq m. The developer must build at least 310 residential units.


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Source: M2 PressWIRE

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