11 land transactions in Q2

11 land transactions in Q2

The Lands Department registered 11 lease modifications in the Land Registry during the quarter ending June, of which six were technical changes involving nil premium.

Seven transactions were on Hong Kong Island, two in Kowloon and two in the New Territories.

Another four lots were granted by private treaty during this period. One in Tseung Kwan O was granted to the MTR Corporation for residential development.

The other three included one on Mount Davis for a post-secondary college and two for international schools in Tai Po and Tseung Kwan O.

The transactions realised a total land premium of $1.7 billion.


11 land transactions in Q2

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