Property News · April 25, 2018

Tender sale of first logistics site in five years in Tuen Mun likely to fetch HK$2.56 billion


Chinese e-commerce and logistics companies are expected to submit aggressive bids for a large logistics site in Tuen Mun on Friday, the first the government has offered in the past five years through tender, according to industry professionals.
The 340,870 square feet plot on Siu Lang Shui Road opposite River Trade Terminal in Pillar Point, with a plot ratio of 2.5 times, is expected to yield a total gross floor area of 852,000 sq ft for a five-storey logistics centre.
The land could receive…

Source : South China Morning Post
Read more…Tender sale of first logistics site in five years in Tuen Mun likely to fetch HK.56 billion

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