7 pre-sale consents issued

7 pre-sale consents issued

The Lands Department issued seven pre-sale consents for residential developments in the fourth quarter of 2019.

They were issued for seven residential developments, involving 3,534 units.

One development in Sha Tin comprising 104 residential units is expected to be completed this year.

Two developments in Sham Shui Po and Kai Tak and one phased development in Yuen Long, comprising a total of 2,130 units are due for completion in 2021.

One development in Tsing Yi and a phase each of two phased developments on Lantau and in Tseung Kwan O, comprising a total of 1,300 residential units, are expected to be completed in 2022.

By the end of December, 22 applications for pre-sale consent for residential developments with a total of 6,262 units and six applications for pre-sale consent for non-residential developments were being processed.

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