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Lands Department releases figures on registered lease modifications, land exchanges and private treaty grants in second quarter of 2020
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     The Lands Department (LandsD) announced today (July 15) that it registered nine lease modifications and one land exchange in the Land Registry during the quarter ending June 2020, of which five were modifications of a technical nature involving nil premium.
          
     Among these 10 land transactions, six are located on Hong Kong Island, two are in Kowloon and two are in the New Territories. The transactions exclude Small House cases.
          
     A further three lots were granted by private treaty during the period. Two were granted to the Hong Kong Housing Authority for public housing developments in Diamond Hill and Tung Chung and the other one was granted to the West Kowloon Cultural District Authority for development of the West Kowloon Cultural District.
          
     The above land transactions realised a total land premium of about $573.626 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/Wednesday, July 15, 2020
Issued at HKT 17:14
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