RESIDENCE
κο
IN
KOWLOON
TSAI
N. K. I. L. 3548
Architect:--
E. Cumine, F.R. IR. A.
Over a year ago, an article was in- cluded in this magazine on the de- velopment at Jardine's Lookout. A similar project is nearing completion In Kowloon Tsai under the same management.
The estate is situated on Waterloo Road, north of the Maryknoll Con-
F
View of the house from the entrance drive
vent School
and north-west of La making of roads, the installation of building or buildings which the Com- Salle College. The Hong Kong Home all necessary services to drains, pany may provide, but no funds Building & Investment Company sewers, water, electricity. telephone which may be paid to the Company Limited, purchased land from Gov- and any other services which in the under this condition shall be expend- trnment in 1948 by private treaty at Company's opinion shall be neces- ed by the Company unless the ma- a cost of $1.50 per sq. ft. Subsequent sary or desirable for the full de jority of the residents agrees to the purchases have brought the total velopment of the site, and shall in- planning and erection of the propos- area of land to 1.680.000 sq. ft.
clude a fee of 5 per cent payable to ed communal amenities, the Company's consultant appointed for the purpose of the development of the site.
The Company was formed with the object of co-ordinating efforts to develop a large area of ground in as short a time as possible at reduced cost. This permitted the building of homes by people who had the means to do so, but for whom acquisition of
a difficult. laborious and
land was costly process.
The original scheme at Kowloon Tsai envisaged the formation of 64 sites, but this has since been increas- ed to 93. The cost of site formation has been $2.00 per sq. ft.
The average area of the sites is 10.000 sq. ft.. with none of them less than 7,000 sq. ft. Building Covenants The purchaser shall. in addition. were laid down, and these range minimum pay to the Company as a contribu- from $60.000 to $100,000 tion to the cost of the management per site. a service fee of 5 per cent of the
Up to the present time, 65 houses proportionate cost of the land. site formation. services. and buildings. have been completed and 8 are un- der construction. The final comple- the estate is found that the Company has obtain- tion of buildings on
expected within 18 months. ed or made any profit from the con- tributions made to it by the pur- One of the most attractive re- chaser that they shall refund to him sidences in the area is that on site such sums out of such profits as the 32 in Selkirk Road owned by Mr. & area acquired by the purchaser shall Mrs. S. C. Wong. The site is 114' 0" biar to the total area.
by 87' 9".
with the condition that if it shall be
The agreement. which the Com- pany makes with the purchasers of
The purchaser must also contribute The basis of each lot. stipulates that the cost per
its design was that sq. ft. of the land developed by the 12 per cent of the total cost of land, every major room should face south. Company shall include all expenses site formation. services and building so accounting for the shape of the incurred in the formation of the site, towards the cost of any community house: this is very roughly cruelform
Photograph from the south-east
Photograph from the south st
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