Nine presale consent applications for residential developments pending approval in January 2006
****************************************************************

          A spokesman for the Lands Department said today (February 6) that the Department was processing nine applications for consent to sell uncompleted residential developments involving a total of 5,238 residential units.

          Among the nine applications, two residential developments involving 2,159 residential units are estimated to be completed within 2006 and the remaining seven developments involving 3,079 residential units by December, 2007.

          As at the end of January, 2006, three applications for consent to sell uncompleted commercial developments were pending approval.

          There were also three applications pending approval for consent to assign 2,656 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 January, 2006 by dialling Legal Advisory and Conveyancing Office's Hotline No. 2147 5475 or on the Lands Department website at www.landsd.gov.hk.

          The names of the developer, its solicitors, authorised 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/Monday, February 6, 2006

NNNN

• Particulars of presale consent and consent to assign issued from 01/01/2006 to 31/01/2006(pdf format)
  　
• Particulars of application for presale consent and consent to assign pending approval as at 31/01/2006(pdf format)
  

To view or print the above download document (PDF file), you need to use Adobe Acrobat Reader software.  Please update your version of Adobe Acrobat Reader software if you have problem in viewing the downloaded PDF file.