The deadline for application of lease modification (including in-situ land exchange) for private development sites earmarked for phase I development is November 30 2014. Any application concerning a phase I site will cease to be processed if a binding basic term offer cannot be issued and accepted on or before 30 September 2017. The Lands Department has accepted the further processing of two such applications received before the application deadline. The binding basic term offer for the two applications has been accepted. The relevant documents have been registered in the Lands Registry, and Lands Department has uploaded the relevant information (including the land premium) onto the following website of Lands Department for public inspection upon completion of the transaction.
Note 1: information may be changed or amended without prior notice