The Lands Department (LandsD) announced today (July 7) that 16 pre-sale consents for residential developments involving a total of 9 505 residential units were issued in the second quarter of 2022.
      
     The 16 pre-sale consents are for residential developments (of which seven are phased developments) to be completed from 2023 to 2025. Details are as follows:
      

Expected year of completion for the developments	Developments
2023	Three developments in Yuen Long, Kowloon City and Tuen Mun (1 953 units) Two phases of a development in Kai Tak (1 219 units)
2024	One development in Sham Shui Po (262 units) Two phases of a development in Yuen Long (1 520 units) Three phases of a development in Tai Po (1 871 units) Two phases of a development in Tuen Mun (800 units) Two phases of a development in Tseung Kwan O (1 236 units)
2025	One development in Tseung Kwan O (644 units)

 
     The department also issued three consents to assign in the second quarter, involving a total of 2 311 residential units in three phased developments in Tseung Kwan O, Yuen Long and Sha Tin.
      
     As at June 30, 2022, 41 applications for pre-sale consent for residential developments with a total of 20 688 residential units were being processed. Details are as follows:
 

No. of applications	Expected year of completion for the developments	No. of residential units involved
7	2023	2 440
25	2024	12 030
9	2025	6 218

 
     In addition, four applications for consent to assign involving a total of 2 188 residential units and three applications for pre-sale consent for non-residential developments were being processed.
      
     Members of the public can obtain up-to-date information on consents issued for the past quarter and cases pending approval as at the end of June 2022 by visiting the LandsD's website (www.landsd.gov.hk).
      
     Intending purchasers are advised to study carefully the details of the development and the sale procedures, through information available from public advertisements, sales brochures and price lists released by the developer, before making a deposit for purchase. The sales brochure for a development also contains a summary of the provisions of the Deed of Mutual Covenant, including information on the common parts, the number of undivided shares assigned to each unit, the term of years for which the manager is appointed, the basis on which the management expenses are shared among the owners of the units and a summary of the provisions of the government land grant, which intending purchasers are recommended to read carefully.

Ends/Thursday, July 7, 2022
Issued at HKT 17:00

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