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TUESDAY, FEBRUARY 7, 1964
THE SECOND SITE, ALSO FOR NON-INDUSTRIAL USE, IS IN ON PONG ROAD, TAI PO NEW TOWN.
IT HAS AN AREA OF 9 016 SQUARE METRES WITH A BUILDING COVENANT OF $60 MILLION TO BE COMPLETED WITHIN 48 MONTHS.
THE SALE CONDITIONS ALLOW FOR DEVELOPMENT OF TWO DOUBLE CRUCIFORM AND ONE SINGLE CRUCIFORM STYLE PRIVATE RESIDENTIAL TOWER BLOCKS ABOVE A PODIUM.
THE MAXIMUM FLOOR SPACE FOR PRIVATE RESIDENTIAL PURPOSES WILL BE 30 700 SQUARE METRES, WHILE THE TOTAL FLOOR SPACE FOR NON-INDUSTRIAL USE WILL NOT BE PERMITTED TO EXCEED 2 640 SQUARE METRES.
ANOTHER SITE BEING OFFERED FOR SALE IS IN SAI CHING STREET, YUEN LONG.
IT IS A NON-INDUSTRIAL LOT WITH AN AREA OF 3 642 SQUARE METRES. THE PLOT RATIO VARIES FROM 3.3 TO 9.5 DEPENDING ON THE TYPE OF BUILDINGS TO BE PUT UP.
THE DEVELOPER WILL BE REQUIRED TO FULFIL A $28-MILLION BUILDING COVENANT WITHIN 48 MONTHS.
THE FOURTH SITE, FOR PRIVATE RESIDENTIAL USE, IS IN TUEN MUN NEW TOWN NEAR WONG FUNG LEK.
THE SITE COVERS 7 791 SQUARE METRES AND HAS A BUILDING COVENANT OF $40 MILLION TO BE COMPLETED WITHIN FOUR YEARS.
ONE OF THE DEVELOPMENT CONDITIONS IS THAT THE TOTAL GROSS FLOOR AREA OF BUILDINGS ON THE LOT SHOULD NOT EXCEED 28 380 SQUARE METRES.
THE REMAINING SITE TO BE OFFERED FOR SALE IS IN SHA TIN NEW TOWN AND MEASURES 21 070 SQUARE METRES.
IT IS FOR INDUSTRIAL OR GODOWN DEVELOPMENT OR A BUS DEPOT.
THE BUILDING COVENANT IS $50 MILLION TO BE COMPLETED IN 48 MONTHS.
FULL PARTICULARS AND CONDITIONS OF SALE FOR THE FIVE SITES CAN BE OBTAINED FROM THE LANDS DEPARTMENT, MURRAY BUILDING, 5TH FLOOR, GARDEN ROAD, HONG KONG THE PUBLIC ENQUIRY SUB-OFFICE, CENTRAL GOVERNMENT OFFICES (WEST WING), GROUND FLOOR, HONG KONG; DISTRICT LANDS OFFICE, KOWLOON WEST, YAU MA TEI CAR PARK BUILDING, 10TH FLOOR, KOWLOON; AND THE DISTRICT LANDS OFFICES OF SHA TIN, TUEN MUN, YUEN LONG, TSUEN WAN, TAI PO, NORTH, SAI KUNG AND ISLANDS.
SALE PLANS MAY ALSO BE INSPECTED AT THE SAME LOCATIONS.
THE AUCTION WILL BE HELD AT THE CITY HALL THEATRE AND START AT 2.30 PM.
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