***********************************************************
The Lands Department registered 16 lease modifications and one land exchange in the Land Registry during the quarter ending June 2015, of which eight were modifications of a technical nature involving nil premium.
Among these 17 land transactions, 10 are located on Hong Kong Island, five are in Kowloon and two are in the New Territories. The transactions exclude Small House cases.
Another three lots were granted by private treaty during the period. Two in Tseung Kwan O and Tin Shui Wai were granted to the MTR Corporation Limited for residential development and the other was granted to the Urban Renewal Authority for residential development in Ma Tau Kok.
The above land transactions realised a total land premium of about $5,610.7087 million.
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, July 15, 2015
Issued at HKT 17:00
NNNN
