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The Lands Department registered 24 lease modifications and three land exchanges in the Land Registry during the quarter ending June 2010, of which eight were modifications of a technical nature involving nil premium. Another five lots were granted by private treaty during the period.
Among these 32 land transactions, 10 are located on Hong Kong Island, 10 in Kowloon and 12 in the New Territories. The transactions exclude Small House cases.
A spokesman for the Lands Department said today (July 16) that the above land transactions realised a total land premium of about $16.33 billion.
Transaction records of the lease modifications, land exchanges and private treaty grants including those registered recently are uploaded onto the Lands Department's website (www.landsd.gov.hk) on a monthly basis. Details of the transactions may be obtained by searching the registered documents in the Land Registry.
Ends/Friday, July 16, 2010
Issued at HKT 17:10
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