Ten pre-sale consent applications for residential developments pending approval in January
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The Lands Department announced today (February 6) that 10 applications for consent to sell uncompleted residential developments, involving a total of 2,273 residential units, were pending approval as at the end of January 2007.

Among the 10 applications, two developments involving 96 residential units are estimated to be completed within 2007, seven developments involving 1,993 residential units within 2008 and a remaining development involving 184 residential units in March 2009.

In addition, there were six applications for consent to sell uncompleted commercial developments pending approval.

There were also three applications pending approval for consent to assign 2,121 residential units.

Members of the public can obtain up to date information on consents to sell units in uncompleted residential developments issued for the last six months and cases pending approval as at the end of January 2007 by dialling Legal Advisory and Conveyancing Office's Hotline No. 2147 5475 or on the Lands Department website at www.landsd.gov.hk.

Intending purchasers are advised to carefully study details of the development and the sale procedures, through information available from public advertisement, sales brochure and price lists released by 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 deposits and other relevant details, as well as any special features of the Government land grant, which intending purchasers are recommended to read carefully.

They should also note that developers may hold sales of units by private sale direct with purchasers, for which, under the Consent Scheme, price lists are not required to be produced.

Ends/Tuesday, February 6, 2007

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• Particulars of presale consent and consent to assign issued from 01/01/2007 to 31/01/2007 (pdf format)
  　
• Particulars of applications for presale consent and consent to assign pending approval as at 31/01/2007 (pdf format)
  

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