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FRIDAY, DECEMBER 19, 1986
NT SITES SOLD BY LETTERS A AND B
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SEVEN NON-INDUSTRIAL LOTS IN THE NEW TERRITORIES HAVE BEEN SOLD BY VINTAGE LAND EXCHANGE ENTITLEMENTS (LETTERS A AND B) BY THE BUILDINGS AND LANDS DEPARTMENT.
FOUR OF THE SITES ARE IN YUEN LONG AND THE OTHERS ARE IN TAI PO, SHA TIN AND TUEN MUN.
THE TAI PO SITE, ABOUT 7 804 SQUARE METRES IN AREAS, IS IN PLOVER COVE ROAD. IT WAS BOUGHT BY SHUNG KING DEVELOPMENT COMPANY LIMITED, EVERCOT ENTERPRISE COMPANY LIMITED, CAMLEIGH INVESTMENT LIMITED, EGERIA INVESTMENT LIMITED AND MILLAP LIMITED.
A MARKET WITH A MINIMUM GROSS FLOOR AREA OF 4 400 SQUARE METRES, RETAIL SHOPPING WITH A GROSS FLOOR AREA OF 4 700 SQUARE METRES AND A RESIDENTIAL GROSS FLOOR AREA OF 23 400 SQUARE METRES ARE TO BE DEVELOPED ON THE SITE.
THE SHA TIN SITE, IN THE TOWN CENTRE, COVERS 3 450 SQUARE METRES.
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ACCORDING TO THE BUILDING CONVENANT, THE BUYERS HINTLINE INVESTMENTS LIMITED AND TUXEDOS COMPANY LIMITED - HAVE TO COMPLETE AT LEAST 10 350 SQUARE METRES OF GROSS FLOOR AREA BY MARCH 31, 1991.
A CINEMA IS NOT PERMITTED.
THE SITE IN TUEN MUN WAS BOUGHT BY DONORA COMPANY LIMITED. MEASURING 2 000 SQUARE METRES, IT LIES TO THE SOUTH OF THE OLD DISTRICT OFFICE BUILDING BESIDE CASTLE PEAK ROAD.
A GROSS FLOOR AREA OF NOT LESS THAN 7 000 SQUARE METRES HAS TO BE COMPLETED BY DECEMBER 31, 1990.
ONE OF THE YUEN LONG SITES IS IN YAU SAN STREET AND COVERS 251.7 SQUARE METRES. THE DEVELOPER, NAN FUNG TEXTILES LIMITED, IS REQUIRED TO BUILD AT LEAST 827 SQUARE METRES OF GROSS FLOOR AREA BY MARCH 31, 1990.
TWO OF THE OTHER SITES ARE IN SHUI CHE KWUN STREET AND MEASURE 1 120 AND 823.5 SQUARE METRES.
THE BUYERS ARE HINTLINE INVESTMENTS LIMITED, AND CHEUK WING COMPANY LIMITED AND MR CHAN WAI-DAN.
GROSS FLOOR AREAS OF NOT LESS THAN 3 678 AND 2 705 SQUARE METRES ARE TO BE BUILT ON THE SITES BY MARCH 31, 1991.
THE LAST SITE, OF 1 023 SQUARE METRES AT YUEN LONG TAI CHEUNG STREET WAS SOLD TO RAINFORCE LIMITED.
'A MINIMUM
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