21 August 2014 - Two mini sites in Tuen Mun were sold yesterday at higher than forecasted prices. The commercial-cum-residential site in Yan Ching Street was awarded to Hoyden Holdings, a unit of CSI Properties (0497), for HK$427 million or HK$5,307 per square foot which was 18% higher than the predicted market estimate.
In addition, the Lok Chui Street site was sold to Treasure Mega Ltd, a privately owned company of Asia Standard's (0129) Fung family, for HK$156 million. This broke the district record for price per saleable square foot, with a figure of HK$11,559.
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