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23 building plans approved in Jan

The Buildings Department approved 23 building plans in January - four on Hong Kong Island, 10 in Kowloon and nine in the New Territories.   Of the approved plans, 15 were for apartment and apartment-commercial developments, five were for commercial developments, two were for factory and industrial developments and one was for a community services development.   Consent was given for works to start on nine building projects which will provide 117,013 sq m of gross floor area for domestic use involving 2,755 units and 144,989 sq m for non-domestic use.   Additionally, the department received notification of commencement of superstructure works for five building projects.   The department also issued 17 occupation permits - six on Hong Kong Island, three in Kowloon and eight in the New Territories.   Buildings certified for occupation have 152,580 sq m of gross floor area for domestic use involving 3,178 units and 35,955 sq m for non-domestic use. http://dlvr.it/SlPVDC

Yuen Long residential site sold

The tender for a residential site in Yuen Long has been awarded on a 50-year land grant at a premium of $716 million, the Lands Department announced today.   Lot No 1677 in Demarcation District No 115 at the junction of Lau Yip Street and Chung Yip Road was awarded to Crown Gain Investments, a subsidiary of CK Asset Holdings.   It has a site area of about 15,208 sq m and is designated for private residential purposes.   The site's minimum and maximum gross floor areas are 4,379.8 sq m and 7,299.8 sq m.
http://dlvr.it/S5qGjy

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