Government and Policy

HK issues two pre-sale flat consents in April

(Xinhua)
Updated: 2011-05-06 19:37

HONG KONG -- The Lands Department of Hong Kong Friday announced that two pre-sale consents to sell residential units in uncompleted developments were issued in April.

The two consents involved residential developments in Tseung Kwan O and Wong Tai Sin, comprising a total of 1,996 units, which are estimated to be completed in March and September next year.

At the end of last month, 22 applications for pre-sale consent for uncompleted residential units and four applications for pre- sale consent for uncompleted commercial developments were being processed. The applications for uncompleted units being processed involve a total of 10,275 flats.

Two applications for consent to assign, involving a total of 2, 784 residential units, and one application for consent to assign for a commercial development, are being processed.