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Establishing adequate communication between Earth and ... therefore concentrates on obtaining the means of ...
MINUTE PAPER.
... is 84 acres or 3,859,040 square feet. Sir des Vaux offered recently $3 a square foot for land situated near Queen's Road.
Sir des Vœux gives no details of his figures, but I should test if in connection with the military out of the centre of that area altogether, and thus obtain a release from the restriction against letting houses there. In Chinese houses, it might make a profit.
The amount of land held by the Military in the centre of the town and surrounding the area is considerable.
I find that the Valuation Officer has made an estimate, shady the Key (Carmichael) at a ... of $3,000,790. Not including the North Barracks with marine frontage and free from restrictions on building.
Nothing like this price comes near to being obtained for land as a whole, especially with the progress of the Praya Scheme hurt bid to lower prices. In some years to come, but it might well be that the whole area be worth not less than $6,000,000 or $6,500,000 in a few hands.
The cost of building new barracks, stables, Gymnasia, hospitals, workshops and ...
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8-5-90.
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