TUESDAY, APRIL 9, 1985
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PRIVATE SECTOR HOUSING PROJECT AWARDED
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THE GOVERNMENT HAS AWARDED THE FIRST PRIVATE RESIDENTIAL LOT IN MA ON SHAN, SHATIN, FOR THE DEVELOPMENT OF A PRIVATE SECTOR PARTICIPATION SCHEME TO HOUSE A POPULATION OF 15 000.
THE 7.3 HECTARE SITE AT SCENIC TAI SHUI HANG VALLEY WAS AWARDED TO WILLOWGARTH COMPANY LIMITED AT A PREMIUM OF $300 300 300.
THE DEVELOPMENT PROJECT UNDER THE SCHEME, WHICH IS THE LARGEST IN THE NEW TERRITORIES, COMPRISE A TOTAL OF 3 960 UNITS 17 BLOCKS.
THE AWARD CONTRACT WAS FORMALLY SIGNED TODAY (TUESDAY) BY THE DISTRICT LANDS OFFICER, SHA TIN, MR EDMUND FUNG AND THE MANAGING DIRECTOR OF THE COMPANY, MR CHOW YEI-CHING.
A GOVERNMENT SPOKESMAN SAID OF THE TENDERS RECEIVED, THE PROPOSALS SUBMITTED BY WILLOWGARTH WERE CONSIDERED THE BEST IN DESIGN TERMS BY THE SPECIAL TENDER BOARD AND THAT THE PREMIUM TENDERED WAS COMPETITIVE.
HE SAID THAT UNDER THE SALES CONDITIONS, THE DEVELOPER WOULD HAVE TO PROVIDE RESIDENTIAL BUILDINGS WITH A MAXIMUM GROSS FLOOR AREA OF 212 000 SQUARE METRES AS WELL AS ANCILLARY COMMERCIAL SPACE NOT EXCEEDING 4 500 SQUARE METRES.
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THE DEVELOPMENT PACKAGE WOULD INCLUDE A KINDERGARTEN WITH 13 CLASSROOMS, A NURSERY WITH AT LEAST 75 PLACES, A POLICE REPORTING CENTRE, A BUS TERMINUS, A MARKET AND A COVERED GAMES AREA, HE SAID.
THE SALEABLE AREAS OF THE UNITS RANGE FROM 39.7 SQUARE METRES TO 55 SQUARE METRES.
PHASE OF THE DEVELOPMENT, COMPRISING 10 RESIDENTIAL TOWERS WITH 2 025 UNITS AND A COMMERCIAL CENTRE, IS SCHEDULED FOR COMPLETION IN AUGUST 1987, WHILE THE REMAINDER OF THE SCHEME WILL BE COMPLETED IN OCTOBER, 1988.
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