CONFIDENTIAL #2
ANNEX B TO XCC (76) 35
THE HONG KONG HOUSING SOCIETY'S
URBAN IMPROVEMENT SCHEME
PROGRAZIE
(MARCH 1976)
Projects
Cost
Completion Date
42-46 Queen's Road West (95 flats) (1)
5.9 m.
October 1977
42-56 Queen's Road West
(2)
$6.8 m.
October 1978
Ci Kwan Road (146 flats)
$18.6 m.
March 1978
489-499 Queen's Road West (69 flats)
$ 5.6 m.
December 1977
irst/Second Street (1) (164 flats)
24-34 Clarence Terrace
First/Second Street (2) & (3)
(260 flats)
9-31 Po Tuck Street
6-23 Po Tuck Street
Shaukeiwan
Shaukeiwan City Block (1)
$23.2 m.
September 1973
$ 5.4 m.
September 1978
$35 m.
October 1979
$10.4 m.
March 1980
$12.4 m.
March 1981
الم
5.6 m.
October 1978
$16.8 m.
March 1981
Wanchai City Block (1)
$20.3 m.
September 1932
Shaukeiwan City Block (2) ·(3)
$33.6 m.
March 1983
Wanchai City Block (2) (3)
$40.5 m.
September 1934
NOTE
(1) This rate of progress requires the rehousing of an average of about 120 displaced families each year, and assumes that 15% of all displaced families make their own rehousing arrangements.
(2) The maximum negative cash flow will be $83 m. in
1977/78.
Thereafter, sales receipts rise eharply and cash flow finally becomes positive in 1983/84.
G.F. 323
CONFIDENTIAL
機密