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November 28, 2018

Kai Tak residential site sold
The tender for a Kai Tak site has been awarded on a 50-year land grant at a premium of $8.907 billion, the Lands Department announced on November 14.
     New Kowloon Inland Lot No. 6591 at Kai Tak Area 4B Site 4, was awarded to Rich Fast International Limited, a subsidiary of Golden Sphere Developments. It has a site area of 9,708 sq m and is designated for private residential purposes. The minimum and maximum gross floor areas are 32,037 sq m and 53,394 sq m.

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