Lands Department releases figures on registered lease modifications, land exchanges and private treaty grants in first quarter of 2018

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     The Lands Department (LandsD) announced today (April 16) that it registered 13 lease modifications and four land exchanges in the Land Registry during the quarter ending March 2018, of which seven were modifications of a technical nature involving nil premium.

     Among these 17 land transactions, seven are located on Hong Kong Island, three are in Kowloon and seven are in the New Territories. The transactions exclude Small House cases.

     There were no private treaty grants registered during the quarter.

     The above land transactions realised a total land premium of about $5,683.271 million.

     Transaction records of the lease modifications, land exchanges and private treaty grants, including those registered recently, are uploaded to the LandsD 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/Monday, April 16, 2018
Issued at HKT 17:00

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