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The Lands Department registered 15 lease modifications and one land exchange in the Land Registry during the quarter ending June 2012, of which two were modifications of a technical nature involving nil premium.
Among these 16 land transactions, six are located on Hong Kong Island, three in Kowloon and seven in the New Territories. The transactions exclude Small House cases.
Another two lots were granted by private treaty during the period. One was granted to Kowloon-Canton Railway Corporation (KCRC) at West Rail - Tsuen Wan West Station in Tsuen Wan for commercial/residential development and the other was granted to the Urban Renewal Authority for residential development in To Kwa Wan.
A spokesman for the Lands Department said today (July 16) that the land transactions had realised a total land premium of about $152.213 million.
Transaction records of the lease modifications, land exchanges and private treaty grants, including those registered recently, are uploaded to 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/Monday, July 16, 2012
Issued at HKT 17:01
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