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The Lands Department announced today (September 7) that the sale of another site at New Kowloon Inland Lot No. 6308 at the junction of King Fuk Street, King Tai Street and Prince Edward Road East, San Po Kong had been successfully triggered under the Application List system. The sale of this lot will be by auction in the afternoon of October 12, 2004.

A Lands Department spokesman said the Government had accepted the applicant's minimum guaranteed bid of $3,000 million for the lot. This will be the starting price for the sale of the lot at the auction.

New Kowloon Inland Lot No. 6308 has a site area of 12,701 square metres and a minimum gross floor area of 68,586 square metres is required to be completed. This site is designated for non-industrial (excluding godown, hotel, cinema and petrol-filling station) purposes.

The spokesman said that the lot, together with another site Kowloon Inland Lot No. 11124, also just triggered for sale under the Application List system, will be offered for sale in the third Government land auction this year, which will take place at the Hong Kong Cultural Centre.

The conditions of sale for the lot will be available for distribution and uploaded to the Lands Department's website (http://www.info.gov.hk/landsd/) by September 24, 2004 when the particulars of the land auction will also be gazetted.

Ends/Tuesday, September 7, 2004

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