The Lands Department registered nine lease modifications and four land exchanges in the Land Registry during the quarter ending last month, of which four were technical changes involving nil premium.
Three transactions were on Hong Kong Island, four in Kowloon and six in the New Territories. Another two lots were granted by private treaty during the period. One was granted for the development of a university in Ho Man Tin. The other was granted for the development of a non-profit youth centre and hostel in San Po Kong. The transactions realised a total land premium of $16.48 billion.