Hong Kong
Kowloon
Hong
New Kowloon
Total No. of cases
(3) Exchanges & Extensions:
Exchanges
12 5 3 20
Extensions
9 6 2 17
Excess Area
17 2 19
(4) Modification & Removal of 20 Years Restrictions:
Modifications
7 9 10 26
Removal of 20 Years Restrictions
14 46 60
(5) Renewal of Crown Leases:
Renewals
2 149 151
156. (iii) Kwun Tong. Details of the lots sold to date at Kwun Tong New Town are given below:
No. of Lots Sold During Description Area in sq. ft. To date Amount of Premium realized 1957/58 79 Industrial 1,657,180 $22,986,400.00 30 Flatted Factory 53,000 543,000.00 1 Filling Station 4,000 48,000.00 3 Housing 15,700 429,500.00 Total 85 36 1,729,880 $24,006,900.00** Note: Actual amount received 1956/57 .. $455,934.00
Actual amount received 1957/58 .. 2,511,791.64
Total amount received .. $2,967,725.64
Permits
157. Crown Land Permits are granted under the authority of, and at the fees laid down, in the Summary (Licences & Fees) (Amendment) Regulations 1956. Such permits are issued for a great variety of purposes and provide for the temporary occupation of Crown land pending its permanent development.
158. It was necessary to cancel a number of these permits and clear the areas to make way for multi-storey buildings. Despite this however, the revenue for this source and the total number of permits in existence changed very little during the year.
25