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Two pre-sale consents issued in May

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The Lands Department issued two consents for the sale of 1,481 residential units in May, a spokesman for the Department said today (June 4).

The two developments, located in the New Territories and on Hong Kong Island, are estimated to be completed by January, 2005, and March, 2005, respectively.

At the end of May, 2004, there were 15 applications for pre-sale consent pending approval, involving a total of 9,486 residential units.

Among these 15 applications, four cases involving 1,709 residential units are expected to be completed before December, 2004, and six cases involving 5,309 residential units before October, 2005. The remaining five cases involving 2,468 residential units are due to be completed by end of February, 2006.

There were three applications for consent to assign, involving commercial units, pending approval as at end of May, 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 May 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/Friday, June 4, 2004

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