A listing on European PlayStation store which was removed, revealed that Grand Theft Auto V will require 50GB of space on your PS4’s hard drive.
User daltontigerboy from GTAForums, have learned that a pre-order page for GTA V on PS4 has come up on the European PlayStation Store but quickly removed.
If you look at the games description, it also mentions the Move controller, to be used for motion control features in the game but time will tell if this is even true.
Source: GTA forums
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