Two pre-sale consents issued in October
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The Lands Department issued two
consents for the sale of 1,514 residential units for Phase I and Phase II
of a development and a pre-sale consent for commercial development in
October 2005, a spokesman for the Department said today (November 4).
The residential development
located in Kowloon is estimated to be completed by May, 2007.
The Department also issued one
consent to assign involving 1,664 residential units in October.
At the end of October, 2005,
there were six applications for pre-sale consent pending approval,
involving a total of 4,105 residential units. Among them, two applications
involving 2,159 residential units are estimated to be completed by August,
2006. Four applications involving 1,946 residential units are estimated to
be completed by August, 2007.
There were two applications for
pre-sale consent for commercial developments pending approval as at the
end of October, 2005.
In addition, there were two
applications for consent to assign 2,216 residential units.
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 October 2005 by dialling Legal Advisory and
Conveyancing Office's Hotline 2147 5475 or on the Lands Department Website
at http://www.info.gov.hk/landsd/.
The names of the developer, its
solicitors, authorized person (including the name of the firm), the main
superstructure contractor, and, where applicable, the parent company of
the developer, the mortgagee bank, the undertaking bank and the financier
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. This information is also
contained in the sale brochures, printed advertisements and websites of
individual developments.
Intending purchasers are
advised to study details of the development and the sale procedures,
through information available from public advertisement, sales brochure
and price lists released from the developer before making a deposit for a
purchase. The sales brochure for a development (normally including a
Chinese version) also contains the main points of the Deed of Mutual
Covenant, including the definition of common areas, terms of appointment
of manager, the basis of calculating management fees, amounts of any
deposit and other relevant details, which intending purchasers are
recommended to read carefully.
Ends/Friday, November 4, 2005
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