Lands Department releases figures on registered lease modifications, land exchanges, private treaty grants and lot extensions in second quarter of 2022

The Lands Department (LandsD) announced today (July 15) that it registered 25 lease modifications, two land exchanges and one lot extension in the Land Registry during the quarter ending June 2022, of which 15 were modifications of a technical nature involving nil premium.

Among these 28 land transactions, 14 are located on Hong Kong Island, nine are in Kowloon and five are in the New Territories. The transactions exclude Small House cases.

A further five lots were granted by private treaty during the period. One was granted to the Hong Kong Housing Society for residential development off Anderson Road; three were granted to the Urban Renewal Authority for residential developments in Tai Kok Tsui and To Kwa Wan; and the other one was granted for an offshore liquefied natural gas terminal in Hong Kong waters, off Soko Islands.

The above land transactions realised a total land premium of about $3,814.204 million.

Transaction records of the lease modifications, land exchanges, private treaty grants and lot extensions, including those registered recently, are uploaded to the LandsD website (www.landsd.gov.hk) on a monthly basis. Details of the transactions may be obtained by searching the registered documents in the Land Registry.
 
Ends/Friday, July 15, 2022
Issued at HKT 17:30

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