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Three lots sold for HK$10.15bn at land auction

HK Government, 27-Sep-2005

Note: KIL11167 and KIL11168 are the site of The Hermitage, total cost HK$5.92bn, a 50:25:25 joint venture between Sino Land, Chinese Estates and Nan Fung Development. The other site, NKIL6350, went to a 100% subsidiary of Sun Hung Kai Properties and became the Aria.

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