11 February 1977
La
Mr Robert Parry (Liverpool, Scotland Exchange): To ask the Secretary of State for Foreign and Commonwealth Affairs, what was the final settlement of compensation to tenants of the Tai on Mansions who were evicted to make way for the construction of the Mass Transit Railway in Hong Kong; what was the original offer in each individual case; and which of these tenants have been resettled in their small businesses.
No 6
MR. EVAN LUARD
The domestic occupants of Tai On Mansion have all accepted public housing and payment of removal expenses at a rate of SHK20 per square foot or area occupied and lower rates for storage space. In total,
SHK186,244 has been paid to 47 families. The position in respect of the former occupants of business premises in the building is as follows:
(i) Welcome Furniture Company: A statutory offer of SHK80,500 was made. Agreement on a higher figure is understood to be imminent. The business is operating from a neary, long-established, branch store.
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(ii) Very Good Tailors: A statutory offer of SHW31.150 was made. Agreement has been reached at SHK52,601.44. The owner is continuing in business with his brother who has operated a tailor's shop elsewhere in Kowloon for some years.
(iii) Tak Yuen Cafe: A statutory offer of HK19,500 was made. Agreement has not been reached pending the opening of alternative premises nearby, when the claimant's losses can be more accurately assessed.
/(iv) Paramount