8 pre-sale consents issued

8 pre-sale consents issued

The Lands Department issued four pre-sale consents for residential developments and four pre-sale consents for commercial developments in the first quarter of 2015.

The four pre-sale consents for residential developments involved 999 uncompleted units.

A development in Mui Wo on Lantau Island, with 50 residential units, is due for completion this year.

Two developments in Hung Hom and Tseung Kwan O, with a total of 693 residential units, are due for completion in 2016. A development in Yau Tong has 256 residential units and is expected to be completed in 2017.

As at the end of March, 25 applications for pre-sale consent for residential developments with a total of 9,372 units and seven applications for pre-sale consent for commercial developments were being processed.

The department also issued a consent to assign involving 1,071 residential units in a development in Tai Po.

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