Frontier Journey wins Kai Tak site for HK$11.1b

Local | 15 May 2019 6:50 pm

Frontier Journey has secured a site in Kai Tak for HK$11.12 billion, the Lands Department announced today.

The New Kowloon Inland Lot No. 6546 at Kai Tak Area 4C Site 4, Kai Tak has a site area of about 10,692 square meters and is designated for non-industrial purposes, excluding residential, godown and petrol filling station but including hotel. The minimum and maximum gross floor area are 48,114 sq m and 80,190 sq m respectively.

CK Asset Holdings, Sun Hung Kai Properties, Wheelock Properties, Great Eagle Holdings and Sino Land Company were among other bidders.

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