One pre-sale consent for residential units issued in November

The Lands Department issued a consent for the sale of 210 residential units and a pre-sale consent for commercial development in November, 2005, a spokesman for the department said today (December 6).

The residential development, located in Kowloon, is estimated to be completed by April, 2007.

The department also issued a consent to assign involving 640 residential units in November.

At the end of November, 2005, there were seven applications for pre-sale consent pending approval, involving a total of 4,841 residential units. Among them, two applications involving 2,159 residential units are expected to be completed by August, 2006. Five applications involving 2,682 residential units are estimated to be completed by September, 2007.

There were two applications for pre-sale consent for commercial developments pending approval as at the end of November, 2005.

In addition, there was an application for consent to assign 1,576 residential units.

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 the end of November 2005 by dialling Legal Advisory and Conveyancing Office's Hotline 2147 5475 or on the Lands Department website at
The names of the developer, its solicitors, authorised person (including the name of the firm), the main superstructure contractor, and, where applicable, the parent company of the developer, the mortgagee bank, the undertaking bank and the financier 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 on the Lands Department website. This information is also contained in the sale brochures, printed advertisements and websites of individual developments.

Intending purchasers are advised to study details of the development and the sale procedures, through information available from public advertisements, the sales brochure and price lists released by the developer before making a deposit for a purchase. The sales brochure for a development (normally including a Chinese version) also contains the main points of the Deed of Mutual Covenant, including the definition of common areas, terms of appointment of manager, the basis of calculating management fees, amounts of any deposit and other relevant details, which intending purchasers are recommended to read carefully.

Ends/Tuesday, December 6, 2005
Issued at HKT 17:01