Lands Department releases figures on registered lease modifications, land exchanges, private treaty grants and lot extensions in first quarter of 2023
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Among these 17 land transactions, six are located on Hong Kong Island, seven are in Kowloon and four are in the New Territories. The transactions exclude Small House cases.
A further four lots were granted by private treaty during the period. Two were granted to the Urban Renewal Authority for residential development in To Kwa Wan and Sai Ying Pun; one was granted for an electricity substation in Yuen Long; and the other one was granted for the development of a student hostel in Shek Kip Mei.
There were no lot extensions registered during the quarter.
The above land transactions realised a total land premium of about $14,250.393 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/Friday, April 14, 2023
Issued at HKT 17:05
Issued at HKT 17:05
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