metres for non-industrial
use. Compared with the first
quarter of 1981, the total area of land sold increased by 73%,
made up of a decrease of 19% for industrial land and an
increase of 119% for non-industrial land
(8).
lack of a reliable overall measure, it
Despite the
appears that,
continuing the trend which started in 1981, the price of land declined further in the first quarter of 1982.
Activity in other selected sectors
5.12
Electricity consumption in the first quarter, at 2 401 million kilowatt hours, was 4% higher than in the first
quarter of 1981. As was the case in the fourth quarter of 1981, this is a relatively small increase in terms of recent
experience. Industrial consumption actually decreased by 2%
while domestic and commercial consumption increased by 3% and
9% respectively.
5.13
In the first quarter, the number of passenger
journeys on the Mass Transit Railway continued to increase by
/ 27%
(8)
Land sales by the Government ('000 m2)
1st Quarter
1981
1st Quarter
1982
Residential
Commercial/Residential
Commercial
Industrial
Others Total
42
186
43
19
1
2
47
38
9
1
142
246
35