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FRIDAY, DECEMBER 24, 1976
LARGE NEW TERRITORIES SITE TO BE AUCTIONED
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THE GOVERNMENT IS TO AUCTION A LARGE AND PRESTIGIOUS SITE IN CLEARWATER BAY NEXT MONTH FOR TWO-STOREY RESIDENTIAL DEVELOPMENT.
THE 3,530 SQUARE METRES SITE IS IN FEI NGO SHAN ROAD AND WILL GO UNDER THE AUCTIONEER'S HAMMER AT THE SAI KUNG DISTRICT OFFICE, SAN PO KONG GOVERNMENT OFFICES, AT 10.30 A.M. ON JANUARY 18.
A NEW TERRITORIES ADMINISTRATION SPOKESMAN SAID TODAY THAT THE LAND WOULD BE ATTRACTIVE TO DEVELOPERS AS AN AREA FOR HIGH-QUALITY RESIDENTIAL USE.
+ IT IS A VERY ATTRACTIVE SLOPING SITE WITH VIEWS OVER THE ADJOINING HILLS, HE SAID. IT ALSO PARTIALLY OVERLOOKS THE AIRPORT. +
HE ADDED THAT ANOTHER TWO RESIDENTIAL SITES FOR TWO-STOREY RESIDENTIAL DEVELOPMENT WOULD ALSO BE AVAILABLE SOON IN THE SAI KUNG DISTRICT, BUT THESE WOULD BE DISPOSED OF BY TENDER TO HOLDERS OF GOVERNMENT LAND EXCHANGE ENTITLEMENT DOCUMENTS.
THE TENDERS FOR THE FIRST SITE, OF ABOUT 3,510 SQUARE METRES AT TAI MONG TSAI, WILL CLOSE ON FRIDAY, FEBRUARY 4.
+NO TENDER DATE HAS BEEN FIXED FOR THE SECOND SITE OF ABOUT 4,280 SQUARE METRES AT SHA HA, BUT OUR PLANS ARE THAT TENDERS WILL CLOSE SOMEWHERE AROUND THE END OF MARCH,+ HE SAID.