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COMMERCIAL PROPERTY | Cesar Tordesillas, Hong Kong
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Fifteen land transactions totaling $8.3B registered in Q3

The Lands Department registered 12 lease modifications and three land exchanges in the Land Registry during the quarter ending September 2011.

 

Among these 15 land transactions, four are located on Hong Kong Island, eight in Kowloon and three in the New Territories. The transactions exclude Small House cases.

Another lot was granted by private treaty to the Hong Kong Housing Society during the period for residential development in Cheung Sha Wan.

A spokesman for the Lands Department said that the land transactions realised a total land premium of about $8.314 billion.

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