News

Residential

Staff Reporter

, Hong Kong

Published:

2 months ago

Photo by Nextvoyage via Pexels

HK records 15 lease modifications in Q4 2024

The transactions included seven on Hong Kong Island, six in Kowloon, and four in the New Territories.

At least 15 lease modifications and two lot extensions were registered in the Land Registry during the final quarter of 2024, the Lands Department said.

Among these, two modifications were technical in nature and did not involve any premium.

The transactions included seven on Hong Kong Island, six in Kowloon, and four in the New Territories. No private treaty grants or land exchanges were recorded.

The total land premium from these transactions amounted to $618.7 million.

Also Read

Gov't rejects S&P’s claim of housing oversupply

Hong Kong unveils 2025-26 land sale plan

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Lands Department launches 3D map of Hong Kong Island

The map covers around 122,000 buildings and about 3,300 infrastructure facilities.

47 minutes ago

Cathay Pacific increases flight frequencies in Mainland

The airline will focus on the Beijing-Tianjin-Hebei and Yangtze River Delta regions.

Aviation

1 hour ago

Shangri-La Asia Limited profit drops by 12% in FY2024

The decrease was due to a $74.6m (US$9.6m) drop in net gains from non-operating items.

Hotels & Tourism

3 hours ago

Hong Kong CIOs lead region in ESG-driven infrastructure shifts

Half of Hong Kong CIOs say environmental and governance factors influence all of their digital infrastructure decisions.

HR & Education

7 hours ago

Exclusives

More non-toy retailers use blind boxes to boost sales

Travel, food and beverage, and fashion can also benefit from a little bit of excitement.

Retail

2 days ago

Luxury brands flock to Lifestyle’s first mall tower in Kai Tak

The mall has achieved over 95% occupancy since its launch in November 2024.

Commercial Retail

2 days ago

HSBC’s Yvonne Yiu on why the future of payments is instant

She credits her propensity to ask questions for becoming one of HSBC’s top leaders.

3 days ago

BEA’s Ivy Chan on managing banking risks, trade war shifts

She never saw her banking job as one with a bias for either men or women.

3 days ago

Event News

Co-Written / Partner Deloitte Partner Matthieu Lambert: Visionary thinking and practical execution crucial for technological advancement

Asia Pacific's diverse technological landscape requires a strategic balance of robust infrastructure, AI-ready workforce, and regulatory adaptability.