--- title: "Hong Kong Lands Department: In September, there were 3 applications for pre-sale of new private residential projects, involving 909 units" type: "News" locale: "en" url: "https://longbridge.com/en/news/260342706.md" description: "The Hong Kong Lands Department announced that in September, there were 3 applications for pre-sale consent for private residential projects, involving 909 units, a decrease of 550 units or 37.7% compared to the previous month. The 3 new projects are as follows: the SIERRA SEA Phase 2B development project by Sun Hung Kai Properties, involving 522 units; the first phase of the Ngau Chi Wan Ching Shui Wan Road project under KOWLOON DEV, involving 361 units; and the Sai Kung Road villa project by Far East Development and others, offering 26 villas. As of the end of September, there were 8,902 residential units awaiting pre-sale consent, an increase of 11% month-on-month, reaching a new high in 8 months. In September, the Lands Department granted 1 pre-sale consent for the property at 8 Wo Mei Red Cotton Road in Sai Kung, involving only 51 units, but it broke the consecutive 4-month streak of \"zero approvals.\"" datetime: "2025-10-08T23:59:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/260342706.md) - [en](https://longbridge.com/en/news/260342706.md) - [zh-HK](https://longbridge.com/zh-HK/news/260342706.md) --- # Hong Kong Lands Department: In September, there were 3 applications for pre-sale of new private residential projects, involving 909 units According to the Zhitong Finance APP, the Hong Kong Lands Department announced that in September, there were 3 applications for pre-sale consent for private residential projects, involving 909 units, a decrease of 550 units or 37.7% compared to the previous month. The 3 new projects are as follows: the SIERRA SEA Phase 2B development project by Sun Hung Kai Properties (00016), involving 522 units; the Phase 1 project of the Ngau Chi Wan Ching Shui Wan Road by KOWLOON DEV (00034), involving 361 units; and the Sai Kung Road villa project by Far East Consortium (00035), offering 26 villas. As of the end of September, there were 8,902 residential units awaiting approval for pre-sale consent, an increase of 11% month-on-month, reaching a new high in 8 months. In September, the Lands Department approved one pre-sale consent for the property at 8 Wo Mei Red Cotton Road in Sai Kung, involving only 51 units, breaking a streak of 4 consecutive months with "zero approvals." ### Related Stocks - [00034.HK](https://longbridge.com/en/quote/00034.HK.md) ## Related News & Research - [Analyst calls this automaker a buy. The stock just topped a key level.](https://longbridge.com/en/news/282723183.md) - [Prosper Construction Formalizes Audit Committee Mandate to Strengthen Governance](https://longbridge.com/en/news/282630261.md) - [Prosper Construction Delays Circular on Rectified Major Acquisition](https://longbridge.com/en/news/282629019.md) - [15:45 ETLautenbach Recycling to Celebrate Earth Day with Grand Opening of Bellingham Facility](https://longbridge.com/en/news/282891002.md) - [Prosper Construction Formalizes Terms of Reference for Nomination Committee](https://longbridge.com/en/news/282633208.md)