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Lands Department releases figures on registered lease modifications, land exchanges and private treaty grants in first quarter of 2014

     The Lands Department registered 18 lease modifications and two land exchanges in the Land Registry during the quarter ending March 2014, of which 11 were modifications of a technical nature involving nil premium.

     Among these 20 land transactions, 11 are located on Hong Kong Island, seven in Kowloon and two in the New Territories. The transactions exclude Small House cases.

     Another two lots were granted by private treaty during the period. One was for a gas pigging station in Hung Hom and the other was for the development of government quarters in Kwai Chung.

     The above land transactions realised a total land premium of about $1,718.851 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 ( on a monthly basis. Details of the transactions may be obtained by searching the registered documents in the Land Registry.

Ends/Tuesday, April 15, 2014
Issued at HKT 17:00


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