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EIN ESI 6, JUZ 26, 1985
FLATS AT THE OTHER TWO PROJECTS, HOLFORD GARDENS IN SHA TIN AND SUN LAI GARDEN IN NGAU CHI WAN, HAVE ALL BEEN SOLD OUT EARLIER THIS MONTH.
WITH GROSS AREA BETWEEN 48.6 TO 69.4 SQUARE METRES THE REMAINING FLATS AT GREENWOOD TERRACE AND PRIME VIEW GARDEN ARE STILL AVAILABLE FOR SELECTION AT THE HOME OWNERSHIP CENTRE IN HO MAN TIN AT PRICES FROM $104 000 TO $364 700 EACH.
ELIGIBLE APPLICANTS OF THE HOME OWNERSHIP SCHEME PHASE VILB WHO HAVE NOT SELECTED THEIR FLATS WILL STILL HAVE A CHANCE TO SELECT THEIR FLATS AT THE CENTRE.
TAX RESERVE CERTIFICATE INTEREST RATE DOWN
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FROM TOMORROW (THURSDAY), THE NEW ANNUAL RATE OF INTEREST ON TAX RESERVE CERTIFICATES WILL BE 3.6 PER CENT (TAX FREE) AS AGAINST THE CURRENT RATE OF 4.08 PER CENT (TAX FRÈE).
NOTICE OF THIS WAS PUBLISHED IN AN EXTRAORDINARY ISSUE OF THE GAZETTE YESTERDAY.
INTEREST ON TAX RESERVE CERTIFICATES IS CALCULATED IN MONTHLY STEPS AND THE NEW RATE WILL BE $0.30 PER MONTH PER $100.
INTEREST WILL BE CREDITED AS BEFORE IN RESPECT OF COMPLETE MONTHS BETWEEN PURCHASE AND SURRENDER IN PAYMENT OF TAX.
INTEREST IS ONLY CREDITED WHEN CERTIFICATES ARE USED TO PAY TAX AND NO INTEREST IS DUE WHERE THE PRINCIPAL VALUE OF A CERTIFICATE IS REPAID BY A CHEQUE,
THE NEW RATE WILL APPLY TO ALL CERTIFICATES ISSUED TOMORRO... (JUNE 27) OR AFTER.
CERTIFICATES ISSUED BEFORE JUNE 27 WILL CONTINUE TO EARN INTEREST AS FOLLOWS:
10.08 PER CENT
12.84 PER CENT
PER ANNUM FOR CERTIFICATES ISSUED ON OR AF TER JULY 6, 1984 AND BEFORE JULY 13, 1984;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER JULY 13, 1984 AND BEFORE AUGUST 10, 1984;
10.8 PER CENT PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
AUGUST 10, 1984 AND BEFORE AUGUST 31, 1984;
/9.6 PER CENT