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Lands Department releases figures on registered lease modifications, land exchanges and private treaty grants in third quarter of 2017
     The Lands Department (LandsD) announced today (October 16) that it registered eight lease modifications and six land exchanges in the Land Registry during the quarter ending September 2017, of which two were modifications of a technical nature involving nil premium.

     Among these 14 land transactions, six are located on Hong Kong Island, two are in Kowloon and six are 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 the Kowloon-Canton Railway Corporation for commercial/residential development at West Rail Kam Sheung Road Station, Phase 1 and the other was granted to the Urban Renewal Authority for residential development in Tai Kok Tsui.

     The above land transactions realised a total land premium of about $6,770.893 million.

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