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Tai Po Town Lot Numbers 200 and 201 at the Pak Shek Kok Development Area, Phase 2, have been successfully triggered for sale under the Application List System. The auction will be held December 28 at Queen Elizabeth Stadium.
The Lands Department said the Government accepted the applicants' minimum guaranteed bids of $3.6 billion for both lots. These will be the opening bids at the auction subject to the reserve prices of the lots.
Both lots have a site area of about 21,000 square metres and are designated for non-industrial use, excluding for godown, hotel and petrol station purposes.
A minimum gross floor area of 40,176 square metres for each site must be completed. The maximum gross floor area for each site is 66,960 square metres.
The final conditions of sale for the two lots will be available for distribution and uploaded here by December 11, when the particulars of the land auction will also be gazetted.
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