Lands Department releases figures on registered lease modifications, land exchanges, private treaty grants and lot extensions in fourth quarter of 2023

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     The Lands Department (LandsD) announced today (January 15) that it registered 14 lease modifications, two land exchanges and one lot extension in the Land Registry during the quarter ending December 2023, of which three were modifications of a technical nature involving nil premium.

     Among these 17 land transactions, four are located on Hong Kong Island, eight are in Kowloon and five are in the New Territories. The transactions exclude Small House cases.

     Another lot was granted by private treaty to the City University of Hong Kong during the period for the development of a student hostel in Shek Kip Mei.

     The above land transactions realised a total land premium of about $491.863 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/en/land-disposal-transaction/land-transaction.html) on a monthly basis. Details of the transactions may be obtained by searching the registered documents in the Land Registry.

Ends/Monday, January 15, 2024
Issued at HKT 17:57

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