The tender for a non-industrial site in Sha Tin has been awarded on a 50-year land grant at a premium of $1.021 billion, the Lands Department announced today.
 
Sha Tin Town Lot No. 625, at the junction of Sha Tin Wai Road and Siu Lek Yuen Road, Siu Lek Yuen, was awarded to Keen Mighty, a subsidiary of Chinachem Group Holdings.
 
It has a site area of about 5,652 sq m and is designated for non-industrial purposes, excluding use by godown, hotel and petrol filling station.
 
The site’s minimum and maximum gross floor areas are 16,956 sq m and 28,260 sq m.