PROJECT

Appendix I

DEVELOPMENT FUND

FINANCIAL STATEMENT OF APPROVED PROJECTS

Funds allocated

Original

Revised

Actual Payments to 31.3.57

Estimated Estimated Payments Payments 1957/58 1958/59

Capital Repayments to the Fund to 31.3.57

REMARKS

1. Housing Authority

(a) Administration Expenses

(b) Java Road Scheme

(c) Cadogan Street Scheme..

(d) So Uk Scheme

2. Hong Kong Housing Society

(a) Sheung Li Uk Scheme

1,000,000

27,000,000

33,000,000

7,500,000

249,422 23,236,518 125,342

423,578 8,813,482

327,000

950,000

50,000,000

211,975

2,702,658 532,000

4,672,000

"

30,000,000

9.

Loan at 34% p.a.

31% 31% 5%

2,136,851

2,136,851

111,359 Loan at 31% p.a. repayable over 40 yrs.

(b) Hung Hom Scheme

8,500,000

4,250,000

(c) Healthy Village Scheme

4,500,000

6,250,000

2,500,000

2,000,000 500,000

2,250,000 3,000,000

(d) Sheung Li Uk Scheme Extension

350,000

535,000

535,000

(e) Tsuen Wan Scheme....

2,500,000

2,500,000

(f) Kun Tong Scheme

5,600,000

5,000,000

(g) Shu Kuk Street Scheme

5,250,000

3,000,000

(h) Shaukiwan Scheme

1,500,000

1,500,000

GO TO LO LO LO LO LA

5%

5%

5%

15

**

>1

27

31% 31% 5%

79

19

97

*

29

19

99

52

1

14

""

27

95

71

"

"

*

97

??

19

59

99

""

59

29

0

17

95

19

99

"

3. Non-expatriate Government Officers

Briar Avenue Housing Co-operative Society

Ltd.

640,300

599,646

599,646

Housing loans to co-operatives at 34%

p.a. repayable over 20 years.

Hong Kong Civil Servants' Co-operative

Building Society Ltd.:

(i) Chatham Gardens

(ii) Belcher Gardens

Perpetual C. B. S. Ltd.

Hong Garden C. B. S. Ltd.

Sanitarian C. B. S. Ltd.

Cornwall Street C. B. S. Ltd.

Wun Sha C. B. S. Ltd.

Union C. B. S. Ltd.

Blue Pool Road C. B. S. Ltd.

}

8,400,000|{

2,279,000 6,391,000

2,268,928

5,888,049

375,951

127,000

370,000

370,000

850,000

830,000

830,000

807,000

577,011

214,989

15,000

580,000

497,962

82,038

432,000

495.000

99,560

360,000

35,440

350,000

92,400

6,600

251,000

300,000

355,000

47,100

287,900

20,000

Anhui Street C. B. S. Ltd.

202,000

162,000

Social Alliance C. B. S. Ltd.

320,000

416,000 |

42,560

36,440

337,000

Perpetual C. B. S. Ltd. (second scheme)

1,960,000

366,000

1,594,000

Comfort C. B. S. Ltd.

400,000

123,000

277,000

Concurrent C. B. S. Ltd.

177,000

219,000

43,000

176,000

Maidstone C. B. S. Ltd.

770,000

820,000

656,000

139

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