10 Pre-sale Consents Issued

The Lands Department issued 10 pre-sale consents for residential and non-residential developments in the third quarter.

Eight were issued for eight residential developments, involving a total of 5,809 residential units.

Five developments in Ap Lei Chau, Kai Tak, Tsing Yi, Tseung Kwan O and Yuen Long, comprising 3,799 units, are expected to be completed in 2022. Three developments in Wong Chuk Hang, Kowloon Tong and Sha Tin, comprising 2,010 units, are expected to be completed in 2023.

The other two pre-sale consents belong to non-residential developments, the department added.

By the end of September, 21 applications for pre-sale consent for residential developments with a total of 9,284 units and two applications for pre-sale consent for non-residential developments were being processed.

One consent to assign was issued involving 699 residential units in a phased development in Yuen Long.

In addition, the department is handling seven applications for consent to assign involving 4,546 residential units.