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Another site in Tuen Mun triggered for auction

    The Lands Department today (April 26) announced that another site in Tsing Lung Road, Area 58, Siu Lam, Tuen Mun (Tuen Mun Town Lot No. 422) had been successfully triggered for sale under the Application List System.

     The lot will be offered for sale, together with another site (Tuen Mun Town Lot No. 449) triggered earlier, at this financial year's second Government land auction on May 29 at the Queen Elizabeth Stadium, Wan Chai.

     A Lands Department spokesman said the Government had accepted the applicant's minimum guaranteed bid of $585 million for the lot.  This will be the opening bid at the auction subject to the reserve price of the lot.

     Tuen Mun Town Lot No. 422 has a site area of about 15,030 square metres and is designated for private residential purpose.  A minimum gross floor area of 11,622 square metres must be completed.

     The final Conditions of Sale for the lot will be available for distribution and uploaded onto the Lands Department's website ( by May 11, 2007 when the particulars of the land auction will also be gazetted.

Ends/Thursday, April 26, 2007
Issued at HKT 16:30


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