A tender for the site, which is located in the Tai Po area, failed in March this year despite seven bids having been received. Situated along Fo Chun Road in Tai Po, the 204,516-square-foot site yields 715,806 sq. ft. of gross floor area. The scheme will provide low- to mid-density apartments sized more than 1,000 sq. ft. as well as several houses.
The price is equivalent to HK$3,552 per sq. ft., 7.6% higher than the adjacent plot obtained by Great Eagle Holdings (0041) in May this year.
Please click here for more details.