The Lands Department issued two consents for the sale of 1,792 residential units and one consent for the sale of an uncompleted commercial development project in October, a spokesman for the Department said today (November 4).
The two residential developments, one located in Kowloon and the other one in Tsuen Wan, are estimated to be completed between April 2005 and December 2005.
At the end of October 2004, there were 15 applications for pre-sale consent pending approval, involving a total of 10,418 residential units.
Among them, one application involving 1,576 residential units is expected to be completed by 31 December 2004. Eight applications involving 3,618 residential units are estimated to be completed in 2005. The remaining six cases involving 5,224 residential units are estimated to be completed by the end of September 2006.
There were three applications for pre-sale consent for commercial developments pending approval at the end of October 2004.
In addition, there were two applications for consent to assign involving 1,650 residential units and two applications for consent to assign for commercial developments pending approval.
Members of the public may obtain up-to-date information on consents to sell residential units in uncompleted developments issued for the past six months and cases pending approval at the end of October 2004 by dialling Legal Advisory & Conveyancing Office's Hotline No. 2147 5475 or visiting the department's 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), the main superstructure contractor, the mortgagee bank (if any), the undertaking bank (if any) and the financier (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.
Ends/Thursday, November 4, 2004