TUESDAY, DECEMBER 28, 1982
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TAI PO PRIME SITE SOLD
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THE LANDS DEPARTMENT HAS AWARDED A SITE IN TAI PO NEW TOWN UNDER THE PRIVATE SECTOR PARTICIPATION SCHEME TO ASCOLI ENTERPRISES LTD. FOR THE DEVELOPMENT OF A HIGH-RISE COMMERCIAL-RESIDENTIAL COMPLEX, IT WAS ANNOUNCED TODAY (TUESDAY).
THE COMPANY, A SUBSIDIARY OF SHUI ON (HOLDINGS) LTD., PUT UP A PREMIUM OF $42.28 MILLION FOR THE 1.346 HECTARES SITE, LOCATED IN A PRIME POSITION WITHIN THE TOWN CENTRE.
THE TAI PO DISTRICT LANDS OFFICER, MR VICTOR LEUNG, SAID THAT OF THE FIVE TENDER APPLICATIONS RECEIVED, THE PROPOSALS SUBMITTED BY ASCOLI ENTERPRISES LTD. WERE CONSIDERED THE MOST ACCEPTABLE AND THE PREMIUM TENDERED REALISTIC AND REASONABLE.
HE SAID THAT UNDER THE CONDITIONS OF SALE, THE SUCCESSFUL TENDERER IS REQUIRED TO BUILD A COMMERCIAL PODIUM WITH ONE DOUBLE AND THREE SINGLE CRUCIFORM RESIDENTIAL TOWER BLOCKS ON TOP OF IT.
*THE PROPOSALS PUT FORWARD BY THE DEVELOPER SHOW THAT THERE WILL BE 1 408 DOMESTIC FLATS RANGING IN SIZES FROM 35.75 SQUARE METRES TO 47 SQUARE METRES, HE SAID.
COMMERCIAL FACILITIES THAT WILL ALSO BE PROVIDED INCLUDE CINEMAS, A RESTAURANT, A BOWLING ALLEY, KINDERGARTENS AND RETAIL SHOPS, MR LEUNG ADDED.
THE DEVELOPMENT, EXPECTED TO BE COMPLETED BY MID-1985, WILL BE LINKED TO ADJACENT TOWN CENTRE SITES BY ELEVATED WALKWAYS FOR PEDESTRIANS AND THE PODIUM WILL BE LANDSCAPED TO PROVIDE RECREATIONAL FACILITIES FOR RESIDENTS.
MR LEUNG SAID THAT HE WAS PLEASED WITH THE KEEN RESPONSE SHOWN BY DEVELOPERS FOR THIS SITE AS IT CLEARLY INDICATED THAT THERE WAS CONFIDENCE IN THE PROPERTY MARKET IN TAI PO.
SURVEY OF EMPLOYMENT, VACANCIES AND PAYROLL
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THE CENSUS AND STATISTICS DEPARTMENT WILL NEXT MONTH BE CONDUCTING A SURVEY OF EMPLOYMENT, VACANCIES AND PAYROLL IN MAJOR SECTORS OF THE ECONOMY.
SUCH SURVEY RESULTS ARE USEFUL IN PROVIDING SHORT-TERM ECONOMIC INDICATORS AS WELL AS INFORMATION ON STRUCTURAL CHANGES IN THE LABOUR MARKET IN HONG KONG, A SPOKESMAN FOR THE DEPARTMENT EXPLAINED TODAY.
THE SURVEY WILL COVER ABOUT 40 000 ESTABLISHMENTS DRAWN FROM VARIOUS SECTORS. INCLUDING THE INDUSTRIAL SECTOR, THE WHOLESALE, RETAIL, IMPORT AND EXPORT TRADES, RESTAURANT AND HOTEL SECTOR AND SERVICE SECTOR,
/INFORMATION WILL