The tender for Tuen Mun Town Lot No. 427 at So Kwun Wat Road, Area 56, So Kwun Wat, Tuen Mun, has been awarded to Wascott Property on a 50-year land grant at a premium of $1.388 billion, the Lands Department announced on January 30, 2013.
     It has a site area of about 26,934 square metres and is designated for private residential purposes. The minimum gross floor area is 21,009 square metres, and the maximum 35,014 square metres. The developer must build between 460 and 480 residential units on the site.