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Two pre-sale consents issued in July

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The Lands Department issued two consents for the sale of 1,624 residential units in two uncompleted development projects last month (July).

The two residential projects, located in Kowloon and the New Territories, are estimated to be completed in January 2005 and December 2004 respectively, a spokesman for the department said today (August 6).

At the end of July, there were 17 applications for pre-sale consent involving a total of 9,060 residential units throughout the territory. All of them are expected to be completed before April 2005. There are five applications for pre-sale consent involving commercial units in Kowloon and West Kowloon Reclamation pending for approval.

In addition, there were five applications for consent to assign involving 4,868 residential units and two applications for consent to assign for commercial developments.

For information on the pre-sale consents, members of the public can call the Lands Department at 2147 5475 or visit its website at www.info.gov.hk/landsd/.

The names of the developer, its parent company (if any), solicitors firm acting, Authorized Person (including the name of the firm) and the Mortgagee Bank (if any) in respect of individual developments are also available to the public in the form of reports obtainable through the fax-on-demand facilities of the hotline or the Lands Department Website.

End/Wednesday, August 6, 2003


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