葉錫恩
(MRS.) E. ELLIOTT.
TEL. 3-422414
OUR
REF:
YOUR
REF:
Lord Carrington,
The Secretary for Foreign &
Commonwealth Affairs,
Whitehall,
London, S.W.1.
Dear Sir,
يهم
24/10
By again 24/10. hoved'
FOREIGN AND COMMONT
**
3 OCT 1979 НК
ALLOCATIONS
IIKK
113.
55. Kung Lok Road, Kwun Tong.
KOWLOON.
25th September, 79.
173
RECEIVED IN REGISTRY NO. 51
4 OCT 1979
DESK OFPYA
INDEX
REGISTRY
Sex 114
18
REGÓ
W. M
We refer to a reply given by Mr. Peter Blaker in answer to a question
by Mr. Robert Parry in the House of Commons, on 26th July 1979.
93
-
In his reply Mr. Blaker said that between $400 and $450 per square foot
was offered to flatowners of Sai Lau Kok, and $850 $1100 per square foot for
commercial premises. The reply also stated that similar flats were being sold
in the area at similar rates, and shops at the lower price of $800 a square foot.
The owners wish to inform you that if these compensation rates had been
offered at that time, they would certainly have been accepted. Even now, the owners
would accept such an offer, though they would suffer some loss, because the present
cost per square foot is even higher than the prices quoted by Mr. Blaker, but
at any rate the latter would be an improvement on the offers they have had from
the Government. The fact is that flatowners are being offered only $310 - $320
per square foot, and shopowners only $500
$600.
The case generally quoted by the Hong Kong Government is that of a flat-
owner who received $129,500 for a flat of 296 square feet, which indeed appears
to work out at $437.50 per square foot.
On the other hand, another flatowner (not quoted by the authorities )
with an area of 535 square feet was offered $168,000, that is, $314 per square foot.
One can only guess why there is such a wide discrepancy in the two cases
quoted.
It is /.....