Sandra Sendingan
,
Hong Kong
More than half of the transactions were recorded in the New Territories.
The Lands Department recorded a total of 13 land transactions in Q4 with nine lease modifications and four land exchanges in the Land Registry.
According to a government press release, three transactions were on Hong Kong Island, four in Kowloon and six in the New Territories to realise a total land premium of $16.48b.
Another two lots were granted by private treaty during the period.
One was granted for the development of a university in Ho Man Tin whilst the other was granted for the development of a non-profit youth centre and hostel in San Po Kong.
Join
Hong Kong Business
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!