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Government Land Sale: Tsuen Wan (TWTL 428)

The sale of a site in Tsuen Wan has set a record high A.V. for industrial land sold by the government in Hong Kong. SUNeVision—the technology arm of Sun Hung Kai Properties—won the tender for the industrial development site for a total of HKD 725.8 million.

​This is the first industrial site sold in the vicinity since 1986. SUNeVision says it will likely develop it as a data centre.

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