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The Lands Department registered 23 lease modifications and two land exchanges in the Land Registry during the quarter ending December 2010, of which 15 were modifications of a technical nature involving nil premium.
Among these 25 land transactions, 18 are located on Hong Kong Island, three in Kowloon and four in the New Territories. The transactions exclude Small House cases.
Another lot was granted by private treaty during the period for the development of a non-profit-making post-secondary college in Tuen Mun.
A spokesman for the Lands Department said today (January 14) that the land transactions realised a total land premium of about $201.064 million.
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, January 14, 2011
Issued at HKT 17:05
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