2 Land Transactions In Q1

The Lands Department today said it registered two lease modifications in the Land Registry for the quarter ending March 2020, and that both were technical changes involving no premium.

 

The two transactions were located on Hong Kong Island.

 

Another three lots were granted by private treaty during the period.

 

One lot was granted to the Housing Society for public rental housing estate development in Aberdeen, another was granted to the Housing Authority for public housing development in Ma On Shan and the final one was granted for the development of an animal welfare centre in Tsing Yi.

 

The transactions realised a total land premium of $3,000. 

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