14 land transactions in Q4
January 15, 2024
The Lands Department today announced that it registered 14 lease modifications, two land exchanges and one lot extension in the Land Registry during the quarter ending December 2023, of which three were technical changes involving no premium.
Among the land transactions, four are located on Hong Kong Island, eight are in Kowloon and five are in the New Territories.
Another lot was granted by private treaty to the City University of Hong Kong during the period for the development of a student hostel in Shek Kip Mei.
The land transactions realised a total land premium of about $491.863 million.