# REPORT ON THE ASSESSMENT FOR THE YEAR 1931-1932.
1. By Order of His Excellency the Governor in Council a new valuation of the whole Colony has been made and the Rateable Value has thereby been increased from $33,069,602 to $35,071,566 an addition of $2,001,964 or 6.04 per cent.
2. The following table gives a comparison of the Assessments for the year 1930-1931 and 1931-1932:
District Valuation 1930-1931 Valuation 1931-1932 Increase Per cent The City of Victoria $23,316,978 $23,316,978 Hill District $555,375 $558,201 $2,826 0.51 Shaukiwan, Saiwanho and Quarry Bay $624,315 $635,673 $11,358 1.82 Hong Kong Villages $1,455,616 $1,582,508 $126,892 8.72 Kowloon Point $1,750,345 $1,954,054 $203,709 11.64 Yaumati $1,868,604 $2,023,647 $155,043 8.30 Mong Kok Tsui $1,417,806 $1,750,074 $332,268 23.43 Hung Hom & Hok Un $652,420 $656,760 $4,340 0.67 Kowloon Villages $289,322 $328,255 $38,933 13.46 New Kowloon $1,138,791 $1,385,275 $246,484 21.64 Total $33,069,602 $35,071,566 $2,001,964 6.043. The number of tenements reported to be vacant averaged about 132 monthly, as compared with 144 last year.
4. During the year ending 21st May, 1931, 1735 Interim Valuations were made as follows:
CITY OF VICTORIA REST OF COLONY No. Rateable Value No. Rateable Value New or rebuilt tenements and tenements structurally altered 398 $714,067 1,115 $966,398 Assessments cancelled, tenements resumed, pulled down or being in other respects not rateable 73 $135,980 149 $94,110 Number and Increase 471 $578,087 1,264 $872,288