Statistics
154. (i) Revenue. Details of the premia derived from land transactions in the Urban area (excluding Kwun Tong) compared with the previous year are as follows:
(1) Sales by Auction:
1956/57 1957/58 Island $ 2,122,815.00 $ 4,900,889.75 Kowloon 1,444,500.00 4,883,000.00 New Kowloon 195,500.00 5,513,510.00(2) Sales without Auction:
1956/57 1957/58 Island 1,609,307.00 817,125.00 Kowloon 1,560,938.00 New Kowloon 180,700.00 1,178,000.00(3) Exchange & Extensions:
1956/57 1957/58 Island 1,261,657.56 704,276.21 Kowloon 534,196.75 1,229,021.25 New Kowloon 677,624.25 231,145.12(4) Modifications of Lease Conditions:
1956/57 1957/58 Island 1,534,086.05 24,679.50 Kowloon 838,733.00 5,471.32 New Kowloon 3,024,091.99 74,965.29(5) Renewal of Crown Leases:
1956/57 1957/58 Island 56,508.04 1,224,816.93 Kowloon 2,029,977.45 New Kowloon$14,077,561.60
$23,779,973.86
155.
(ii) Land Transactions. A summary of the various categories of land transactions (excluding Kwun Tong) is given below:
Hong Kong Kowloon New Kowloon Total No. of cases (1) Land Sale by Auction: Non-industrial (including residential) 7 3 10 20 School sites 1 1 Industrial 1 5 6 12 Car Park 1 1 Funeral Parlour 1 1 (2) Private Grants (18 free Grants): Local Officers Housing ► Low Cost Housing 11 16 11 38 Staff Quarters 1 1 Church (Cadogan Street) 1 1 School 1 1 2 4 School & Church 1 1 School & Fish Depot 1 1 Welfare Centre 1 1 Youth Training Centre 1 1 9 24 15 48Page 30
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