One pre-sale consent issued in November
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The Lands Department announced today (December 6) that it had issued a pre-sale consent for residential development in November.

The pre-sale consent for residential development involved 334 units in Hung Hom, which are expected to be completed in 2012.

As at the end of November, 14 applications for pre-sale consent for uncompleted residential units and two applications for pre-sale consent for uncompleted commercial developments were pending approval.

The 14 applications for pre-sale consent for uncompleted residential units being processed involved a total of 5,375 units. Among them, a development involving 13 units is expected to be completed this year, while four developments involving a total of 1,334 units are expected to be completed in 2012 and eight developments involving a total of 3,979 units are expected to be completed in 2013. For the remaining development involving 49 units, the expected completion date is to be updated by the developer.

In addition, one application for consent to assign for commercial development is being processed.

Members of the public can obtain up-to-date information on pre-sale consents for uncompleted residential developments issued for the past six months, and cases pending approval as at the end of November, by calling the Legal Advisory and Conveyancing Office's hotline (2147 5475) or by visiting the Lands Department website (www.landsd.gov.hk). 

Intending purchasers are advised to carefully study details of the development and sales procedures, through information available from public advertisements, sales brochures and price lists released by the developer, before making a deposit for a purchase. The sales brochure for a development provided in both English and Chinese also contains the main points of the Deed of Mutual Covenant including information on common parts, undivided shares, terms of appointment of manager, principle/basis of fixing management fee, apportionment of management expenses, management fee deposit, retained areas (if any) and other relevant details, as well as any special features of the government land grant, which intending purchasers are recommended to read carefully.


Ends/Tuesday, December 6, 2011

 


Table 1 - PARTICULARS OF PRESALE CONSENT AND CONSENT TO ASSIGN ISSUED FROM 01/11/2011 to 30/11/2011(PDF file)

Accessible version (PDF file)

Table 2 - PARTICULARS OF APPLICATION FOR PRESALE CONSENT AND CONSENT TO ASSIGN PENDING APPROVAL AS AT 30/11/2011 (PDF file)

Accessible version (PDF file)



 
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