SUNDAY, SEPTEMBER 6, 1981
LAND SALE FORECAST FOR URBAN AREA
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THE GCERNMENT PLANS TO SELL SOME 31 SITES IN THE URBAN AREA IN THE SIX MONTHS FROM OCTOBER THIS YEAR TO MARCH NEXT YEAR.
ANNOUNCING THIS TODAY (SUNDAY), THE ACTING GOVERNMENT LAND AGENT, MR NIGEL BURLEY, SAID THE TOTAL AREA OF SITES PROVISIONALLY FORECAST FOR SALE WAS ABOUT 329 000 SQUARE METRES.
THE MOST IMPORTANT SITE IS ONE OF 13 000 SQUARE METRES IMMEDIATELY WEST OF THE CONNAUGHT CENTRE, THE DEVELOPMENT OF WHICH WILL BASICALLY INCLUDE OFFICES OVER A TWO-STOREY SHOPPING PODIUM, WITH BUS AND PUBLIC LIGHT BUS TERMINI UNDERNEATH.
INITIALLY, THE SALE OF THIS SITE WAS SCHEDULED FOR THIS MONTH, HOWEVER IT IS NOW EXPECTED THAT THE SITE WILL BE ADVERTISED IN MID-NOVEMBER, WITH TENDERS CLOSING IN FEBRUARY.
OTHER LOTS TO BE SOLD INCLUDE 15 FOR RESIDENTIAL DEVELOPMENT- NINE OF THEM, WITH A TOTAL AREA OF ABOUT 165 000 SQUARE METRES, WILL BE OFFERED FOR SALE BY TENDER FOR JOINT VENTURE DEVELOPMENTS.
ANOTHER TWO SIGNIFICANT HIGH CLASS RESIDENTIAL SITES, OF 30 100 AND 34 500 SQUARE METRES IN TAI TAM ROAD, ARE EXPECTED TO GO TO TENDER EARLY NEXT YEAR.
ABOUT THE SAME TIME, A 22 500 SQUARE-METRE SITE AT CHAI WAN HILL WILL BE OFFERED FOR SALE FOR MIDDLE INCOME HOUSING DEVELOPMENT THE FIRST SITE FOR SUCH A PURPOSE TO BE OFFERED FOR SALE IN THE URBAN AREA.
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INDUSTRIAL LAND SALES MAINLY OF SITES IN KOWLOON BAY RECLAMATION WILL CONTINUE AT AN AVERAGE OF TWO OR THREE SITES A MONTH.
THE PROJECTED PROGRAMME WILL MEAN THAT A TOTAL OF ABOUT 83 000 SQUARE METRES OF INDUSTRIAL LAND AND A TOTAL OF 374 445 SQUARE METRES OF NON-INDUSTRIAL LAND WILL BE SOLD IN THE URBAN AREA DURING THE FINANCIAL YEAR 1981/82.
THIS COMPARED WITH 89 000 SQUARE METRES OF INDUSTRIAL LAND AND ABOUT 185 000 SQUARE METRES OF NON-INDUSTRIAL LAND SOLD IN THE PREVIOUS FINANCIAL YEAR.
MR BURLEY NOTED THAT THE SALES PROGRAMME WAS PROVISIONAL, AND SUBJECT TO CHANGE. SALE DATES WOULD BE ANNOUNCED IN THE GOVERNMENT GAZETTE AND NEWSPAPER ADVERTISEMENTS IN THE NORMAL WAY.
COPIES OF THE LAND SALES FORECAST MAY BE OBTAINED FROM THE CROWN LANDS AND SURVEY OFFICE, MURRAY BUILDING, 18TH FLOOR, GARDEN ROAD, HONG KONG, AND THE KOWLOON BRANCH OFFICE, 10TH FLOOR, KOWLOON GOVERNMENT OFFICE, 405 NATHAN ROAD, KOWLOON. PLANS SHOWING THE LOCATION OF LOTS CAN ALSO BE SEEN AT THE SAME OFFICES.
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