Saturday, April 19, 2014   

Two sites fetch HK$3.98b
(01-15 18:40)

A commercial site and a residential plot have been sold for a total for HK$3.98 billion.
The commercial site in Kwun Tong at Hang YipStreet was sold to at HK$3.78 billion. Mapletree Investment outbid 11 others to win the plot. It has a size of 5,112 square metres and is designed for non-industral propses. The gross floor area is between 36,806 sqm and 61,344 sqm.
The residential site in Fo Tan, Shatin, was sold at HK$210 million to AG Acquistion, who won the plot over 12 other bidders.
This lot has an area of 1,190 sqm, with a gross floor area between 1,499 sqm and 2,499 sqm.
   
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