COMMERCIAL PROPERTY | Staff Reporter, Hong Kong

Tsing Yi site sold for $867.3m

It was awarded to Wang On Properties subsidiary Newex Limited.

The tender for a Tsing Yi site has been awarded on a 50-year land grant for a premium of $867.3m to Wang On Properties subsidiary Newex Limited. 

The site is located at Tsing Yi Town Lot No.192 at the junction of Liu To Road and Hang Mei Street, according to a press release.

It has a site area of 1,335.6 sq m and is designated for non-industrial usage, excluding godown, hotel and petrol station.

Photo from WiNG - Own work, CC BY 3.0

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