The tender for a residential site in Sha Tin has been awarded on a 50-year land grant at a premium of $606 million, the Lands Department announced today.

Sha Tin Town Lot No. 651 at Mei Tin Road in Tai Wai was awarded to Forum Pacific, a subsidiary of Sun Hung Kai Properties.

It has a site area of about 3,600 sq m and is designated for private residential purposes.

The site's minimum and maximum gross floor area are 10,800 sq m and 18,000 sq m.