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The accommodation value of the site was approximately 16% below the lower end of market expectations.
The site attracted ten bidders and the price was close to the upper end of market expectation.
The A.V. of HKD 6,138 per sq ft is 23% below the lower end of market expectations and is similar to a nearby site sold in 2014.
The site at Off Anderson Road has been sold for HKD 296 million, around 20% below the lower end of market expectations.
A residential site in Kwai Chung was sold for HKD 1.1 billion, slightly above the lower end of market expectations.
The land price for the site was around 10% below the lower end of market expectations.
The A.V. of the residential site was slightly below the lower end of market expectations.
The 14,885-sq-ft residential site could yield a maximum gross floor area of 89,338 sq ft.
Being the first non-office commercial site in the Off Anderson Road area, the site has been awarded to the REIT for the A.V. of HKD 5,501 per sq ft.
A small residential site at Hospital Road sold for HKD 551 million.
The logistic site in Kwai Chung attracted three bidders to join the tender and sold for HKD 5.26 billion at the end.
The A.V. of HKD 16,888 per sq ft was close to the upper-end of market expectations.
The Tung Chung site sold for an A.V. of HKD2,202 per sq ft, close to the lower-end of market expectations.
The Government announced the FY 2022/23 Land Sale Programme, comprising 13 residential sites and four commercial sites. This infographic shows you the site locations and relevant data.
SEA Holdings won the luxury residential site at South Bay Road for HKD62,352 per sq ft, A.V.
The former car park site has the flexibility to develop industrial, godown and ancillary office, information technology and telecommunications industries, research, design and development centre.
The land price was well within the market expectations
Central Harbourfront Site 3 sold for HKD 50.8 billion
The developer outbids 16 developers to win the site with a higher-than-expectation price.
The A.V. was 14% above the market expectations.
Wheelock Properties outbids 11 developers to win the site
The A.V. of the site was 15% above the upper end of market expectations.
The winning bid was 15% higher than market expectations.
The A.V. of the site was 44% above the market expectations