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 From Hong Kong's Information Services Department
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October 15, 2007
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Property
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$6.4b in land premiums recorded 
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Lands Department

There were 19 land transactions recorded in the third quarter, generating total land premiums of about $6.4 billion.

 

The Lands Department registered 14 lease modifications and four land exchanges in the Land Registry, of which nine were for residential purposes and nine for non-residential developments.

 

Four are located on Hong Kong Island, with seven in Kowloon and seven in the New Territories. The transactions exclude small-house cases.

 

A single lot was granted by private treaty, to the Vocational Training Council in Tseung Kwan O Area 74 for school development.

 

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