The tender for a non-industrial site in Mong Kok has been awarded on a 50-year land grant at a premium of $4.729 billion, the Lands Department announced today.
Inland Lot No. 11273 at the junction of Sai Yee Street and Argyle Street was awarded to East Classic Development, a subsidiary of Sun Hung Kai Properties.
It has a site area of about 11,537 sq m and is designated for non-industrial purposes, excluding residential, godown and petrol filling station.
The site’s minimum and maximum gross floor areas are 84,960 sq m and 141,600 sq m.
The value of total retail sales in March, provisionally estimated at $31.2 billion, was down 7% compared with the same mo...
An amendment bill to enhance the Deposit Protection Scheme (DPS) by raising the protection limit from the current $500,00...
The Chief Executive has approved the appointment of Carlson Tong as Chairman of the Hong Kong Exchanges & Clearing Li...
Financial Secretary Paul Chan arrived in Georgia yesterday afternoon for the 57th annual meeting of the Board of Governor...