Gov’t registers 29 land transactions in Q3

The land transactions realised a total land premium of $4.8b.

The government registered 29 lease modifications in 3Q23. Of these, nine are land exchanges and one is a lot extension.

The other ten transactions involve technical changes with no premium.

According to the Lands Department, 12 of the land transactions are in Hong Kong Island, 16 are in Kowloon, and 11 are in the New Territories.

The land transactions realised a total land premium of $4.8b.

Currently, there are no private treaty grants registered in 3Q2023.