The Lands Department said today the tender for a site, Tuen Mun Town Lot No. 523 at Castle Peak Road - Tai Lam, Tuen Mun, New Territories, has been awarded to the highest tenderer, Smart Tycoon Limited (parent company: Silver Era Limited), on a 50-year land grant at a premium of HK$981.68 million.
Tuen Mun Town Lot No. 523 has a site area of about 7,578 square metres and is designated for private residential purposes. The minimum gross floor area and the maximum gross floor area are 16,368 square metres and 27,280 square metres.
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