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The Lands Department registered 15 lease modifications and one land exchange in the Land Registry during the quarter ending September 2015, of which four were modifications of a technical nature involving nil premium.
Among these 16 land transactions, seven are located on Hong Kong Island, three are in Kowloon and six are in the New Territories. The transactions exclude Small House cases.
Another two lots were granted by private treaty during the period. One was granted to MTR Corporation Limited for commercial/residential development in Tseung Kwan O and the other was granted for the development of a non-profit-making international school in Cheung Sha Wan.
The above land transactions realised a total land premium of about $7,469.4578 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/Thursday, October 15, 2015
Issued at HKT 17:01
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