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Report

Government Land Sale: TKOTL 131, Area 85, Tseung Kwan O


​The tender for a high tier data centre development site at Wan Po Road, Area 85 of Tseung Kwan O has been awarded to SUNeVision Holdings Limited for HKD 5.5 billion or HKD 4,500 per sq ft. The price was 45% higher than the upper end of market expectations and nearly 5 times higher than the A.V. for an adjacent data centre site in 2013. 

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