Table 16

BUILDING COSTS OF FACTORIES (as at June 1980)

Estimates of average costs for the erection of a reinforced concrete industrial multi-storey building with a floor loading of 735 kg. per sq. metre on upper floors, and ceiling heights of 4.3m and 3.05m respectively on the ground and upper floors, are:

Usable or working area per cubic metre

per sq. metre

Gross covered area (including lavatories, stairways, lifts and entrance lobbies, loading bays, etc)

per sq. metre

HK$195.00-240.00

US$ 39.00- 48.00

HK$910.00-1,395.00

US$182.00- 279.00

HK$668.00-971.00 US$133.60—194.20

These figures include the cost of piling, plumbing, electric and lift installations and architects' fees, but exclude the cost of the land, site formation and interest on capital outlay.

The cost of a single storey industrial building constructed from steel staunchions with steel truss roof covered by asbestos sheeting, with a ceiling height of 9.1m is about HK$1,455–1,520 (US$291-304) per sq. metre.

Table 17-FLATTED FACTORIES-SUPPLY FOR 1976 TO 1979 WITH FORECASTS FOR

1980 AND 1981

AMOUNT BUILT ('00 m2)

FORECAST OF AMOUNT

TO BE BUILT

AREAS

('00 m2)

1976

1977

1978

1979

1980

1981

HONG KONG ISLAND

717

1597

1188

201

678

886

KOWLOON

305

311

367

793

417

921

NEW KOWLOON

697

2452

4224

2820

3406

2853

NEW TERRITORIES

948

3901

5136

8963

5384

10110

TOTAL

2667

8261

10915

12777

9885

14770

Table 18 RENTALS AND SELLING PRICES OF INDUSTRIAL PREMISES (as at June 1980)

INDUSTRIAL PREMISES

DISTRICT

Approximate selling price per sq. metre

Approximate monthly rental per sq. metre

Ground Floor

Upper Floor

Ground Floor

Upper Floor

Chai Wan/Shau Kei Wan

HK$6,700

US$1,340

HK$3,090 US$ 618

HK$44.0 US$ 8.8

Wong Chuk Hang/Aberdeen

HK$7,400

HK$3,410

US$1,480

US$ 682

Cheung Sha Wan/Lai Chi Kok

HK$6,250

US$1,250

HK$3,050 US$ 610

Kwun Tong/San Po Kong

HK$7,760 US$1,552

HK$3,330 US$ 666

Tsuen Wan New Town

HK$4,450 US$ 890

HK$2,690 US$ 538

Tuen Mun New Town

HK$3,250 US$ 650

HK$1,880 US$ 376

HK$40.0 US$ 8.0

HK$45.0 US$ 9.0

HK$39.0 US$ 7.8

HK$35.0

US$ 7.0

HK$27.0

US$ 5.4

HK$30.0 US$ 6.0

HK$30.0 US$ 6.0

HK$27.0

US$ 5.4

HK$28.0

US$ 5.6

HK$24.0 US$ 4.8

HK$17.0

US$ 3.4

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