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Lands Department releases figures on registered lease modifications, land exchanges, private treaty grants and lot extensions in fourth quarter 2022
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     The Lands Department (LandsD) announced today (January 16) that it registered 22 lease modifications and six land exchanges in the Land Registry during the quarter ending December 2022, of which eight were modifications of a technical nature involving nil premium.
          
     Among these 28 land transactions, five are located on Hong Kong Island, 11 are in Kowloon and 12 are in the New Territories. The transactions exclude Small House cases.
          
     A further two lots were granted by private treaty during the period. One was granted to the Urban Renewal Authority for residential development in Sai Ying Pun and the other one was granted for commercial development in Pok Fu Lam.
          
     There were no lot extensions registered during the quarter.
          
     The above land transactions realised a total land premium of about $15,084.344 million.
          
     Transaction records of the lease modifications, land exchanges, private treaty grants and lot extensions, 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, January 16, 2023
Issued at HKT 17:05
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