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A Government lot at Shui Hang on Cheung Chau has been sold to Green View Investment for $96.5 million at a Lands Department auction today, well above the opening bid of $39 million.
The auction, held at the Cultural Centre, was the last public land auction of the financial year.
The site, Lot No.1848 in Demarcation District Cheung Chau, has a site area of about 10,382 square metres and is designated for private residential purposes. A minimum gross floor area of 2,491 square metres must be completed.
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