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Government to follow up on 39 Conduit Road transactions
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     In response to media enquiries, a Government spokesman issued the following statement today (June 17):

     The Government shares the public's concern that only four out of the 24 concerned transactions of 39 Conduit Road were completed as announced by the developer earlier on.

     The Government firmly believes that transactions involving private residential properties should be fair and transparent, and will not tolerate any forged non-bona fide transactions, dissemination of confusing information on the sale of properties and disclosure of incomplete property information.  Any fraud or deception in property sale is totally unacceptable.  The Government is committed to ensuring that buyers have the necessary information before making purchase decisions.

     As regards that only four out of the 24 transactions of 39 Conduit Road were completed, relevant regulatory and law enforcement agencies are looking into and following up on the case.

Ends/Thursday, June 17, 2010
Issued at HKT 18:23

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