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Tsuen Wan Site Sold

THE TENDER FOR A TSUEN WAN INDUSTRIAL SITE HAS BEEN AWARDED ON A 50-YEAR LAND GRANT AT A PREMIUM OF $725.8 MILLION, THE LANDS DEPARTMENT ANNOUNCED TODAY. Tsuen Wan Town Lot No. 428 on Ma Kok Street was awarded to Capital Way (HK), a subsidiary of SUNeVision Holdings. It has a site area of 1,972.9 sq m and is designated for industrial purposes. The minimum and maximum gross floor areas are 11,246 sq m and 18,742 sq m.