Lands Department issues 6 pre-sale consents in Q1

Three developments are slated for completion next year.

The Lands Department has issued six pre-sale consents for residential and non-residential developments in the first quarter of this year.

Of the six, five were for residential projects, totaling 2,749 residential units. Among these, three developments are slated for completion next year. These include a phase in Chai Wan with 592 units, another in Tin Shui Wai with 525 units, and a project in Sha Tin consisting of 240 units. Two other projects, a 748-unit development in Yau Tong and a 644-unit development in Fanling, are expected to be completed in 2027.

The remaining pre-sale consent concerns a non-residential development.

As of March, 21 applications for residential pre-sale consent, totaling 7,090 units, are under review.

Additionally, 11 applications for consent to assign, involving 3,436 residential units and four non-residential units, are being processed, along with three non-residential pre-sale applications.