8 LEASE MODIFICATIONS RECORDED IN Q1
15-4-2024
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The Lands Department today announced that it registered eight lease modifications and two land exchanges in the Land Registry during the quarter ending March 2024, adding that two were technical changes involving no premium.
Of the land transactions, three are located on Hong Kong Island, five are in Kowloon and two are in the New Territories.
Another three lots were granted by private treaty during the period.
Two were granted to the Housing Authority for public housing developments in Sheung Shui and Cheung Sha Wan, while the other was granted to the Urban Renewal Authority for a residential development in Kowloon City.
The land transactions realised a total land premium of about $436.553 million.
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