LandsD releases figures on registered lease modifications, land exchanges, private treaty grants and lot extensions in second quarter 2023

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     The Lands Department (LandsD) announced today (July 14) that it registered 16 lease modifications, one land exchange and one lot extension in the Land Registry during the quarter ending June 2023, of which six were modifications of a technical nature involving nil premium.

     Among these 18 land transactions, five are located on Hong Kong Island, five are in Kowloon and eight are in the New Territories. The transactions exclude Small House cases.

     During the period, three lots off Anderson Road and another three lots in Kai Tak, Tuen Mun and Yuen Long were granted to the Hong Kong Housing Authority by private treaty for public housing developments.

     The above land transactions realised a total land premium of about $173.867 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, July 14, 2023
Issued at HKT 17:05

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