Lands Department releases figures on registered lease modifications, land exchanges, private treaty grants and lot extensions in first quarter of 2025
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     The Lands Department (LandsD) announced today (April 15) that it registered 17 lease modifications and four land exchanges in the Land Registry during the quarter ending March 2025, of which four were modifications of a technical nature involving nil premium.
     
     Among these 21 land transactions, nine are located on Hong Kong Island, five are in Kowloon and seven 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 for the development of innovation and technology park and the talent accommodation in the Loop; and the other one was granted for an electricity substation in Yuen Long.
 
     There were no lot extensions registered during the quarter.
     
     The above land transactions realised a total land premium of about $2,069.406 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/Tuesday, April 15, 2025
Issued at HKT 17:30

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