A government lot in Ho Man Tin was sold for $10.9 billion at the Lands Department's third auction of the 2010-2011 financial year held on June 8, 2010.

     Kowloon Inland Lot 11175 at the junction of Fat Kwong Street and Chung Hau Street was sold to Polarland Limited (Sun Hung Kai Properties) for $10.9 billion. The opening bid was $6.8 billion.

     The lot has a site area of about 16,151 square metres and is designated for private residential purposes. The maximum gross floor area is 80,755 square metres and the developer must complete a minimum gross floor area of 48,453 square metres.