Savills Completes Sale of a Residential Site in Fanling for HK$77.3M

The Property, of Residential (Group C) 3 in terms of town planning standards, spans approximately 56,119 square feet in area and is intended primarily for low-rise, low-density residential developments that are up to 3 storeys with a maximum height of 9.5 metres and no more than 15% of site coverage. A maximum plot ratio of 0.4 will render a maximum GFA of 22,447 square feet approximately at the site.

The property is a pleasant site on the side of a road that stretches 140 metres in length and provides easy connection to most parts of Yuen Long and North District, including a 2-minute drive to Fanling Golf Course and a 20-minute drive to Kam Tin and Yuen Long. The site is ideally set for the proposed Northern Metropolis and will benefit from its huge prospects of a new vibrant economic belt.