A site at the junction of Prince Edward Road East and King Fuk and King Tai Streets in San Po Kong will be auctioned on October 12 with a starting price of $3 billion.

The lot has a site area of 12,701 square metres and a minimum gross floor area of 68,586 square metres is required to be completed. It is designated for non-industrial (excluding godown, hotel and petrol-filling station) purposes.

The Lands Department said the lot, together with the Ex-Tin Kwong Road Police Married Quarters site in Ho Man Tin, will be auctioned at the Cultural Centre.