Six pre-sale consents issued in second quarter of 2012
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The Lands Department announced today (July 6) that it had issued six pre-sale consents for residential developments in the second quarter of 2012.

The six pre-sale consents for residential developments involved a total of 4,108 uncompleted units. A development in Tsuen Wan comprising 13 units is estimated to be completed this October. The remaining five developments in Tai Kok Tsui, Cheung Sha Wan, Tai Po, Sha Tin and Tseung Kwan O, comprising a total of 4,095 units, are estimated to be completed in 2013.

As at the end of June, 20 applications for pre-sale consent for uncompleted residential developments and two applications for pre-sale consent for uncompleted commercial developments were being processed.

The 20 applications for pre-sale consent for uncompleted residential developments being processed involved a total of 7,293 units. Among them, three developments involving a total of 439 units are estimated to be completed this year, while nine developments involving a total of 3,703 units are estimated to be completed in 2013 and eight developments involving a total of 3,151 units are estimated to be completed in 2014.

An application for pre-sale consent for residential development involving 49 units in Tsuen Wan was withdrawn in May.

In addition, one application for consent to assign involving 164 residential units 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 quarter, and cases pending approval as at the end of June, by calling the Legal Advisory and Conveyancing Office's hotline (2147 5475). Such information and the details of the case withdrawn in the past quarter are also available on the Lands Department website (www.landsd.gov.hk). 

Intending purchasers are advised to carefully study details of the development and the sale 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/Friday, July 6, 2012

 


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Table 1 - PARTICULARS OF PRESALE CONSENT AND CONSENT TO ASSIGN ISSUED FOR THE 2nd QUARTER OF 2012 (PDF file)

Accessible version (PDF file)

Table 2 - PARTICULARS OF APPLICATION FOR PRESALE CONSENT AND CONSENT TO ASSIGN PENDING APPROVAL AS AT 30/06/2012 (PDF file)

Accessible version (PDF file)

Table 3 - PARTICULARS OF PRESALE CONSENT AND CONSENT TO ASSIGN REJECTED/WITHDRAWN FOR THE 2nd QUARTER OF 2012 (PDF file)

Accessible version (PDF file)



 
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