SUNDAY, FEBRUARY 16, 1975.
TENDERS INVITED FOR SHOP TENANCIES
AT OF MAN COMMERCIAL COMPLEX
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THE HOUSING AUTHORITY'S FIRST COMMERCIAL COMPLEX IS NEARING COMPLETION AND TENDERS FOR THE TENANCIES OF ITS FIRST LOT OF SHOPS AND COMMERCIAL PREMISES WILL BE INVITED TO-MORROW (MONDAY).
THE THREE-STOREY OI MAN COMMERCIAL COMPLEX; IDEALLY LOCATED IN THE HEART OF THE ESTATE, HAS BEEN DESIGNED TO CATER TO THE NEEDS OF THE RESIDENTS IN THE HO MAN TIN AREA AS A WHOLE.
IT WILL HAVE A GROSS AREA OF OVER 200,000 SQ.FT. AND WILL BE FULLY AIR-CONDITIONED.
THE FIRST DOZEN OF COMMERCIAL PREMISES TO BE LET INCLUDE TWO RESTAURANTS, A CAFE, A DEPARTMENT STORE, A SUPER-MARKET AND SEVEN SHOP PREMISES.
THE SHOPS, THREE FOR GENERAL TRADE AND THE OTHERS FOR DESIGNATED TRADE, WILL BE LET BY THE AUTHORITY'S TENDER PREMIUM SYSTEM. RENT HAS DEEN FIXED AT $3.50 PER SQUARE FOOT, RATE AND AIR CONDITIONING EXPENSES INCLUSIVE.
THE RESTAURANT, CAFE, DEPARTMENT STORE AND SUPER-MARKET WILL BE LET BY A TENDER RENT SYSTEM AND THE SUCCESSFUL BIDDERS WILL HAVE TO PAY THE TENDERED RENT AS WELL AS RATES AND AIR CONDITIONING EXPENSES.
TENDERS FOR THE SHOPS AND COMMERCIAL PREMISES WILL BE CLOSED AT NOON ON FEBRUARY 28, 1975.
THOSE INTERESTED IN TENDERING THESE PREMISES ARE REQUESTED TO CONTACT THE OI MAN ESTATE OFFICE ON TELEPHONE NO. 3-036136 FOR FURTHER DETAILS.
ALLOWING A SHORT PERIOD FOR DECORATION PURPOSES, THE CENTRE SHOULD BE READY FOR OPENING IN EARLY APRIL.
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