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Thursday, September 28, 1972

AUCTION OF CROWN LAND

The first group of lots in the new six monthly land sales forecast

will be auctioned on Friday, October 27, in the City Hall.

Of the lots being offered, five are for residential purposes

and the sixth for non-industrial use.

Three of them are in Watford Road on the Peak. The areas range

from 17,000 square feet to 29,000 square feet, and upset prices from

$800,000 to $1,600,000.

In Kowloon, two lots in the "Broadcasting City" area are being

offered for sale. One in Broadcast Drive has an area of about 16,000

square feet and an upset price of $4,400,000, while the second lot at

the junction of Marconi Road and Broadcast Drive, covering 17,000 square

feet, has an upset price of $5,000,000.

The only lot to be used for non-industrial purposes is at Tsung Man Street in Aberdeen, It has an area of about 7,410 square

feet and an upset price of $3,000,000,

·

Those who want to have the full particulars and conditions of

sale and inspect the sale plans may go to the Public Enquiry Sub-office

on the ground floor of the Central Government Offices (West Wing).

They may also call at the Crown Lands and Survey Office, on the

10th floor of the Kowloon Government Offices, at 405, Nathan Road.

до

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