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17 lease modifications recorded in Q1

Purton L by Purton L
15 April 2025
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17 lease modifications recorded in Q1
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The Lands Department announced today that it registered 17 lease modifications and four land exchanges in the Land Registry during the quarter ending March 2025, adding that four were technical changes involving no premium.

 

Of the land transactions, nine are located on Hong Kong Island, five are in Kowloon and seven are in the New Territories.

 

Another two lots were granted by private treaty during the period.

 

One was granted for the development of an innovation and technology park and the talent accommodation in the Loop, while the other was granted for an electricity substation in Yuen Long.

 

The land transactions realised a total land premium of about $2.069 billion.

Tags: Hong Konglocal
Purton L

Purton L

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