Two sites in Tai Po have been successfully triggered for sale under the Application List System.

The two lots will be offered for sale at this financial year's fifth Government land auction to be held on March 13 at the Queen Elizabeth Stadium, Wan Chai.

The Government has accepted the applicants' minimum guaranteed bids of $326 million for Tai Po Town Lot No. 195 and $2.1 billion for Tai Po Town Lot No. 188. These will be the opening bids at the auction subject to the reserve prices of these two lots.

Tai Po Town Lot No. 195 has a site area of about 2,750 square metres and is designated for non-industrial purposes, excluding godowns and petrol filling stations. The developer must complete a minimum gross floor area of 9,600 square metres.

Tai Po Town Lot No. 188 has a site area of about 19,902 square metres and is designated for private residential purposes. A minimum gross floor area of 41,795 square metres must be completed.