In the third quarter, 14 land premiums totaled 6.8 billion

The Lands Department announced that there were 8 contracts and 6 land exchange cases in the third quarter of this year (July to September). Of the 14 transactions, six were on Hong Kong Island and two were in Kowloon and six The New Territories, involving a total of $ 6.77 billion in land premium, does not include small housing cases. In addition, there are two lots in the quarter which are approved by private co-ordination, including the development of the Kam Sheung Road Station Phase 1 of the MTR West Rail Line and the URA Daguchi Residential Project.

Last month to complete the land premium projects, including the New World (0017) is located in Yuen Long Shap Pat Heung Road, about the provisions of the 120th Lot No. 4056 land, land area of ​​24230 square feet, land premium amount of 460 million yuan to build Floor area of ​​121,000, each square foot floor land premium 3802 yuan.

Yuen Long Shap Pat Heung Road project approved 460 million land premium

In addition, the first Pacific Davis said that today will be open auction Hong Kong Caine Road 73,73A, 73B, 73C, 73D and 73E Fragrance Building, strong auction price of 1.049 billion yuan to 60,700 square meters to build the floor, Per square foot floor land price of 17300 yuan.

Henderson this hardcope Caine Road, the old floor price of more than 1 billion

Fragrance Building covers an area of ​​7557 square feet, is now a built in 1956 7-storey residential buildings, underground shops, Henderson acquired more than 84% of the ownership of the building, expected to merge with the adjacent Erie Street project development.