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Site in Tseung Kwan O triggered for auction
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     The Lands Department announced today (January 15) that a site at Tseung Kwan O Area 66B, Tseung Kwan O Town Lot No.76, had been successfully triggered for sale under the Application List System.

     The lot will be offered for sale in this financial year's third Government land auction to be held at Tsuen Wan Town Hall at 3pm on February 22, 2010.

     A Lands Department spokesman said that the Government had accepted the applicant's minimum guaranteed bid of $2,000 million for the lot. This will be the opening bid at the auction subject to the reserve price of the lot.

     Tseung Kwan O Town Lot No.76 has a site area of about 12,300 square metres and is designated for non-industrial (excluding godown, hotel and petrol filling station) purposes. A minimum gross floor area of 40,590 square metres must be completed. The maximum gross floor area is 67,650 square metres.

     The final Conditions of Sale for the lot will be available for distribution and uploaded onto the Lands Department's website (www.landsd.gov.hk) by February 5, 2010, when the particulars of the land auction will be gazetted.

Ends/Friday, January 15, 2010
Issued at HKT 17:00

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