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The Lands Department announced today (April 15) that it registered 21 lease modifications and one land exchange in the Land Registry during the quarter ending March 2016, of which 16 were modifications of a technical nature involving nil premium.
Among these 22 land transactions, eight are located on Hong Kong Island, nine are in Kowloon and five are in the New Territories. The transactions exclude Small House cases.
Another lot was granted by private treaty to the MTR Corporation Limited during the period for residential development in Tseung Kwan O.
The above land transactions realised a total land premium of about $3,101.231 million.
Transaction records of the lease modifications, land exchanges and private treaty grants, including those registered recently, are uploaded to the Lands Department's website (www.landsd.gov.hk) on a monthly basis. Details of the transactions may be obtained by searching the registered documents in the Land Registry.
Ends/Friday, April 15, 2016
Issued at HKT 17:06
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