Hong Kong – Lands Department releases figures on registered lease modifications, land exchanges, private treaty grants and lot extensions in third quarter of 2024

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Lands Department releases figures on registered lease modifications, land exchanges, private treaty grants and lot extensions in third quarter of 2024

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     The Lands Department (LandsD) announced today (October 15) that it registered 22 lease modifications and two land exchanges in the Land Registry during the quarter ending September 2024, of which five were modifications of a technical nature involving nil premium.

     Among these 24 land transactions, six are located on Hong Kong Island, 14 are in Kowloon and four are in the New Territories. The transactions exclude Small House cases.

     There were no private treaty grants and lot extensions registered during the quarter.

     The above land transactions realised a total land premium of about $1,886.525 million.

     Transaction records of the lease modifications, land exchanges, private treaty grants and lot extensions, including those registered recently, are uploaded to the LandsD website (www.landsd.gov.hk/en/land-disposal-transaction/land-transaction.html) on a monthly basis. Details of the transactions may be obtained by searching the registered documents in the Land Registry.