20 land transactions in Q4

2021-01-15 11:39:55

The Lands Department today announced it registered 18 lease modifications and two land exchanges in the Land Registry for the quarter ending December 2020, of which 10 were technical changes involving no premium.

Among the transactions, five are located on Hong Kong Island, seven are in Kowloon and eight are in the New Territories.

Another three lots were granted by private treaty during the period.

One was granted to the Housing Society for residential development in Yuen Long, one was granted to the Mass Transit Railway Corporation for residential development in Tseng Kwan O and the other one was granted for the development of a non-profit-making post-secondary college in Tuen Mun.

The transactions realised a total land premium of about $8.3 billion.

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