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 From Hong Kong's Information Services Department
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April 15, 2008
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Property

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$1.1b land premium recorded
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Lands Department

The first quarter saw 25 land transactions involving a total land premium of $1.1 billion, the Lands Department says today.

 

The department registered 19 lease modifications and one land exchange, 11 for residential purposes and nine for non-residential. Six are on Hong Kong Island, 12 in Kowloon and two in the New Territories. The transactions exclude small-house cases.

 

Another five lots were granted by private treaty - one for religious use in Diamond Hill, the rest to the Housing Authority.

 

Transaction records of the lease modifications, land exchanges and private treaty grants are available here.