Published:
Brave Sky Investments buys Hung Hom lot for $1.52bn
The lot, with 1,901.7 square metres site area is designated for private residential purposes.
A Government lot in Hung Hom was sold for $1.525 billion at the Lands Department’s first land auction of the 2011-12 financial year at Queen Elizabeth Stadium on Wednesday.
Kowloon Inland Lot 11184 on Ko Shan Road was sold to Brave Sky Investments for $1.525 billion. The opening bid was $900 million, according to a Land's De[artment report.
The lot has a site area of about 1,901.7 square metres and is designated for private residential purposes.
The developer must complete a minimum gross floor area of 8,557 square metres.
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