Fifteen pre-sale consent applications for residential developments pending approval
**************************************************************

The Lands Department announced today (February 6) that 15 applications for pre-sale consent for uncompleted residential developments and one application for pre-sale consent for uncompleted commercial development were pending approval as at the end of January. 

The 15 applications for pre-sale consent for uncompleted residential developments being processed involved a total of 7,632 units. Among them, four developments involving a total of 607 units are estimated to be completed this year, while 10 developments involving a total of 6,976 units are estimated to be completed in 2013. For the remaining development involving 49 units, the estimated completion date is to be updated by the developer.

In addition, one application for consent to assign involving 164 residential units and one application for consent to assign for commercial development are being processed. 

No pre-sale consent or consent to assign for residential or commercial development was issued in January. 

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

Intending purchasers are advised to carefully study details of the development and the sales procedures, through information available from public advertisement, 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 the 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/Monday, February 6, 2012

 


table
Table 1 - PARTICULARS OF PRESALE CONSENT AND CONSENT TO ASSIGN ISSUED FROM 01/01/2012 to 31/01/2012(PDF file)

Accessible version (PDF file)

Table 2 - PARTICULARS OF APPLICATION FOR PRESALE CONSENT AND CONSENT TO ASSIGN PENDING APPROVAL AS AT 31/01/2012 (PDF file)

Accessible version (PDF file)



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