13 lease modifications recorded in Q1
The Lands Department announced today that it registered 13 lease modifications and two land exchanges in the Land Registry during the quarter ending March 2026, adding that three were technical changes involving no premium.
Of the land transactions, one is located on Hong Kong Island, 10 are in Kowloon and four are in the New Territories.
Another 10 lots were granted by private treaty during the period.
One was granted for the development of the university in Ho Man Tin; one was granted for an electricity substation in Tung Chung; one was granted to the Urban Renewal Authority for residential development in Kowloon City, one was granted to the MTR Corporation for residential development in Tuen Mun; while the other six were granted to the Housing Authority for public housing developments.
The land transactions realised a total land premium of about $2.1072 billion.