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Lands Department releases figures on registered lease modifications, land exchanges and private treaty grants in fourth quarter of 2016
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     The Lands Department announced today (January 16) that it registered 24 lease modifications and one land exchange in the Land Registry during the quarter ending December 2016, of which 13 were modifications of a technical nature involving nil premium.

     Among these 25 land transactions, 13 are located on Hong Kong Island, seven are in Kowloon and five are in the New Territories. The transactions exclude Small House cases.

     Another three lots were granted by private treaty during the period. Two were granted to the MTR Corporation Limited for the railway and railway facilities use of the Kwun Tong Line Extension and the Ho Man Tin Station. The other one was for garden use in Shek O.

     The above land transactions realised a total land premium of about $6,616.065 million.

     Transaction records of the lease modifications, land exchanges and private treaty grants, including those registered recently, are uploaded to the Lands Department 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, January 16, 2017
Issued at HKT 17:00
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