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Saturday, December 16, 1972
SIX LOTS OF CROWN LAND UP FOR SALE
Three In Broadcasting City
Six lots of Crown land, five of them for private residential
development, will be put up for sale by auction in the City Hall on Friday,
January 5.
Three of the residential lots are in the "Broadcasting City" area
of Kowloon.
Two of these are located in Fessenden Road, adjacent to each other.
They cover a total area of about 30,760 sq. ft. and have a combined upset price
of $8.3 million.
The other, measuring about 19,240 sq. ft., is in Marconi Road. Its
upset price is $4,800,000.
Two adjacent residential lots in Clementi Road on the Island will
also be offered for sale. The first measures about 20,500 sq. ft. and has an
upset price of $2 million. The other is slightly smaller with an upset price
of $1.8 million.
The last lot is for non-industrial use and is situated at Nos. 12-14
Portland Street in Kowloon.
The land, with existing buildings, has an area of about 1,402 sq. ft.
The upset price is $470,000.
The auction will take place at 2.30 p.m. in the City Hall Lecture
Room, 8th floor.
Full particulars and Conditions of Sale may be obtained from and Sale
Plans inspected at the Public Enquiry Sub-office, Central Government Offices
(West Wing), Ground Floor, Hong Kong, and at the Crown Lands and Survey Office,
Kowloon Government Offices, 405 Nathan Road, 10th Floor, Kowloon.
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