17 land transactions in Q2

17 land transactions in Q2

The Lands Department registered 16 lease modifications and one land exchange in the Land Registry during the second quarter of this year, of which eight were technical changes involving nil premium.

Ten of the transactions were on Hong Kong Island, five in Kowloon, and two in the New Territories.

Another three lots granted by private treaty were registered during the quarter, involving two in Tseung Kwan O and Tin Shui Wai granted to the MTR Corporation for residential development; and another granted to the Urban Renewal Authority for residential development in Ma Tau Kok.

The transactions realised a total land premium of around $5.61 billion.

Transaction details are available on the department’s website by searching registered documents.

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