, Hong Kong

Tuen Mun site sold for $2.75b

It was awarded to Westlink Investments.

The tender for a Tuen Mun site was sold on a 50-year land grant for a premium of $2.75b, according to a government press release.

It was awarded to Goodman HK Investments subsidiary Westlink Investments who will develop the site for logistics development purposes.

The site is located at Tuen Mun Town Lot No.544 on Siu Lang Shui Road, Area 49 and has a site area of 31,667 sqm.

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