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Lease modifications, land exchanges registered in 2007 third quarter

    The Lands Department registered 14 lease modifications and four land exchange in the Land Registry during the quarter ending September, 2007, of which nine were for residential purpose and nine for non-residential development.

     Among these 18 land transactions, four are located on Hong Kong Island, seven in Kowloon and seven in the New Territories.  The transactions exclude Small House cases.

     Another one lot was granted by private treaty during the period.  It was granted to Vocational Training Council in Tseung Kwan O Area 74 for school development.

     A spokesman for the Lands Department said today (October 15) that the 19 land transactions realised a total land premium of about $6.4 billion.

     Transaction records of the lease modifications, land exchanges and private treaty grants are uploaded onto Lands Department's website ( on a monthly basis.  Further case details may also be obtained by searching the registered documents directly in the Land Registry.

Ends/Monday, October 15, 2007
Issued at HKT 17:01


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