It is proposed to put these parcels up to Public Auction on leases of 999 years in Houmtong and 15 years in You-...
The daily increasing applications at this office for building sites in both these localities denote beyond any manner of doubt that among natives the demand for land in the Colony is becoming very great and that if judiciously advertised the sales will be remunerative.
In order, however, to ensure this result, it will be necessary to open out the neighbourhood and render the future building sites easily accessible by main roads. A few roughly excavated cross roads sufficient to delineate the ground and show the exact positions of the lots under the hammer will also very considerably enhance the value of these.
With respect to marine lots, I propose to incorporate in the conditions of sale a clause binding the purchasers to build along their water frontages a substantial sea-wall and a road of 50 feet width as shown in the plans, thus making good the continuation of the Praya at Lap Sap Wan.
I should state that I have discussed these conditions with influential natives and find that they...