9 pre-sale consents issued

9 pre-sale consents issued

The Lands Department issued nine pre-sale consents for residential developments in the third quarter of the year.

They were issued for eight residential developments, involving 4,101 units.

Three developments in Mid-Levels East, Sham Shui Po and Tsuen Wan, comprising a total of 935 residential units, are expected to be completed in 2020.

Four developments in Tai Kok Tsui, Kai Tak, Sham Shui Po and Yuen Long and one phase of the phased development in Tseung Kwan O, comprising a total of 2,663 residential units, are expected to be completed in 2021.

The remaining development – one phase of the phased development in Tseung Kwan O, comprising 503 residential units – is expected to be completed in 2022.

As of the end of September, 23 applications for pre-sale consent for residential developments and five applications for pre-sale consent for non-residential developments were being processed.

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