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Algernon Yau to visit bay area cities

Secretary for Commerce & Economic Development Algernon Yau will join a delegation this afternoon to visit Guangzhou, Shenzhen, Zhuhai and Dongguan, the Government announced.   Organised by the Office of the Commissioner of the Ministry of Foreign Affairs in the Hong Kong Special Administrative Region, the aim of the trip is to help delegates keep abreast of the latest development of the Greater Bay Area for better integration into the nation’s overall development.   Mr Yau will return to Hong Kong on March 23. During his absence, Under Secretary for Commerce & Economic Development Bernard Chan will be Acting Secretary. http://dlvr.it/Sl99gg

Yuen Long residential site sold

The tender for a residential site in Yuen Long has been awarded on a 50-year land grant at a premium of $716 million, the Lands Department announced today.   Lot No 1677 in Demarcation District No 115 at the junction of Lau Yip Street and Chung Yip Road was awarded to Crown Gain Investments, a subsidiary of CK Asset Holdings.   It has a site area of about 15,208 sq m and is designated for private residential purposes.   The site's minimum and maximum gross floor areas are 4,379.8 sq m and 7,299.8 sq m.
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