***********************************************************
The Lands Department registered 19 lease modifications and two land exchanges in the Land Registry during the quarter ending March 2015, of which seven were modifications of a technical nature involving nil premium.
Among these 21 land transactions, nine are located on Hong Kong Island, seven are in Kowloon and five are in the New Territories. The transactions exclude Small House cases.
Another four lots were granted by private treaty during the period. Two in Tseung Kwan O and Sha Tin Ma On Shan Rail - Tai Wai Station were granted to MTR Corporation Limited for residential and commercial/residential development respectively, one was granted to the Urban Renewal Authority for residential development in Sham Shui Po and the other was for an electricity substation in Chek Lap Kok.
The above land transactions realised a total land premium of about $12.639084 billion.
Transaction records of the lease modifications, land exchanges and private treaty grants, including those registered recently, are uploaded to the Lands Department's website (www.landsd.gov.hk) on a monthly basis. Details of the transactions may be obtained by searching the registered documents in the Land Registry.
Ends/Wednesday, April 15, 2015
Issued at HKT 17:00
NNNN
