Lands Department approves 22 lease modifications in Q3

Land premiums reached about $2.68b after four lots granted via private treaty.

The Hong Kong Lands Department approved 22 lease modifications and three land exchanges in the third quarter of 2025, according to a government press release.

Four of the modifications were technical changes that required no premium. The approved cases covered four sites on Hong Kong Island, 17 in Kowloon, and four in the New Territories.

During the quarter, the government granted four lots by private treaty: one for office use in Sai Ying Pun, one to the Airport Authority Hong Kong at Chek Lap Kok for airport development, one for a non-profit-making school in Tin Shui Wai, and one to the Urban Renewal Authority for residential development in Mong Kok.