Two pre-sale consents issued in March
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        The Lands Department issued a total of 11 consents for the sale of units in uncompleted developments between January and March 2004, seven of which were for residential units and four for commercial units. The Department also issued two consents to assign in this period, both in respect of residential units. All of them were issued within the Department's performance target time limit.

        A spokesman for the Lands Department said today (April 7) that the seven consents for residential units involve the sale of 2,079 units in various parts of Hong Kong. Four of these developments comprising 801 residential units are due to be completed within 2004 and the remaining three developments comprising 1,278 residential units are due to be completed before July 2005. The two consents to assign issued between January and March 2004 involve 1,976 units.

        The Department issued two consents for the sale of 89 residential units in two uncompleted developments in March 2004. The developments are located on Hong Kong Island and in Kowloon. One development was completed in March 2004 and the other should be completed by August 2004.

        As at the end of March 2004, a total of 16 applications for presale consent involving a total of 12,478 residential units located in various parts of Hong Kong were pending approval. Four of them involving 3,277 units are expected to be completed within 2004. Eight involving 7,049 units are expected to be completed within 2005 and the remaining four involving 2,152 units before February 2006. There was one application for presale consent and three applications for consent to assign, all involving commercial units, pending approval.

        Members of the public may obtain up to date information on consents to sell residential units in uncompleted developments issued for the last six months and cases pending approval as at the end of March 2004 by dialling the hotline 2147 5475 or on the Lands Department Website at www.info.gov.hk/landsd/.

        The names of the developer, its parent company (if any), its solicitors, authorized person (including the name of the firm) and the mortgagee bank (if any) in respect of individual developments are also available to the public in the form of reports obtainable through the fax-on-demand facilities of the hotline or the Lands Department Website.


Ends/Wednesday, April 7, 2004


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• Particulars of presale consent and consent to assign issued from 01/03/2004 to 31/03/2004(pdf format)
   
• Particulars of application for presale consent and consent to assign pending approval as at 31/03/2004(pdf format)
  

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