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Two pre-sale consents issued in April

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The Lands Department issued two consents for the sale of 1,916 residential units in April, a spokesman for the Department said today (May 6).

The two developments, located in Kowloon and on Hong Kong Island, are estimated to be completed by June, 2004, and December, 2005, respectively.

At the end of April, 2004, there were 16 applications for pre-sale consent, involving a total of 10,919 residential units, pending approval.

Among these 16 applications, three cases involving 1,661 residential units are expected to be completed by December, 2004, and eight cases involving 6,790 residential units by October, 2005. The remaining five cases involving 2,468 residential units are due to be completed before February, 2006.

There were three applications for consent to assign, involving commercial units, pending approval as at end of April, 2004.

Members of the public may obtain up-to-date information on consents to sell residential units in uncompleted developments issued for the last six months and cases pending approval as at end of April, 2004, by dialling the hotline 2147 5475 or visiting the Lands Department website at www.info.gov.hk/landsd/.

The names of the developer, its parent company (if any), its solicitors, authorised person (including the name of the firm) and the mortgagee bank (if any) in respect of individual development 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.

Ends/Thursday, May 6, 2004

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