The Lands Department said today the tender for a site, Yau Tong Inland Lot No. 42 at Lei Yue Mun Path, Lei Yue Mun, Kowloon, has been awarded to Henmell Investment Limited (parent company: Kowloon Development (00034)) on a 50-year land grant at a premium of HK$1,582 million.
Yau Tong Inland Lot No. 42 has a site area of about 3,240 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. The minimum gross floor area and the maximum gross floor area are 17,496 square metres and 29,160 square metres respectively, both including the gross floor area of a public vehicle park to be constructed by the purchaser. The total number of residential units to be built shall not be less than 345.
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