FRIDAY, APRIL 1, 1988
THREE PETROL FILLING STATION SITES AT FANLING, TAI PO AND KAM TIN WILL ALSO BE SOLD BY TENDER DURING THE PERIOD.
FOUR SITES IN THE NEW TERRITORIES WILL BE DISPOSED OF BY LETTER A/B TENDER.
TWO OF THEM ARE COMMERCIAL/RESIDENTIAL SITES, ONE OF 1.58 HECTARES AT KWAI CHUNG AND THE OTHER A KEY CENTRAL SITE OF 1.1 HECTARES WITHIN THE FANLING DEVELOPMENT AREA.
MR SCOTT-WILL SAID PURCHASERS OF THE LETTER A/B TENDER SITES WOULD HAVE THE OPTION OF SUBMITTING EITHER A "VINTAGE" OR A
'MONETISED LETTER B" TENDER, WITH PRIORITY BEING GIVEN TO THE FORMER.
14
IN
SITE
IT WAS PROPOSED TO OFFER FOR SALE BY AUCTION A COMMERCIAL HARBOUR ROAD ON THE WAN CHAI RECLAMATION OPPOSITE THE NEW EXHIBITION CENTRE IN THE LATTER HALF OF THE FINANCIAL YEAR, MR SCOTT-WILL SAID.
HE EXPECTED THAT THE SALE OF THE 7, 100-SQUARE-METRE SITE WOULD UNDOUBTEDLY ATTRACT KEEN BIDDING.
THREE FURTHER PRIVATE SECTOR PARTICIPATION SCHEME SITES IN JUNK BAY, TAI PO AND FANLING ARE LIKELY TO BE PUT UP FOR SALE LATER IN THE YEAR.
TO MEET THE DEMAND FOR INDUSTRIAL LAND, 10 SITES TOTALLING 3.3 HECTARES WILL BE PROVIDED AT VARIOUS LOCATIONS THROUGHOUT THE TERRITORY DURING THE COURSE OF THE YEAR.
11 4
HECTARES
MR SCOTT-WILL SAID
OF
LAND FOR COMMERCIAL/RESIDENTIAL DEVELOPMENT AND 3.5 HECTARES OF HIGH DENSITY HOUSING SITES WOULD BE INCLUDED IN THE OCTOBER-MARCH PERIOD LAND SALES PROGRAMME,
THE SITES IN THE NEW TERRITORIES WOULD BE OFFERED BY THE LETTER A/B TENDER SYSTEM.
AREA OF
"IN ADDITION TO THE PROGRAMMED SALES, A SUPPLEMENTARY UP TO FIVE HECTARES COULD BE MADE AVAILABLE, AS AGREED BY THE LAND COMMISSION, SUBJECT TO THE DEMANDS OF THE MARKET WITHIN THE COMMERCIAL, RESIDENTIAL
USER CATEGORIES, MR SCOTT-WILL ADDED.
AND
INDUSTRIAL
**
HE STRESSED THAT THE SALES PROGRAMME WAS PROVISIONAL AND SUBJECT TO CHANGE.
"FURTHER DETAILS AND DATES WILL BE PUBLISHED IN THE GOVERNMENT GAZETTE AND MAJOR NEWSPAPERS IN THE USUAL WAY, MR SCOTT-WILL SAID.
PROGRAMME
COPIES OF THE TENTATIVE LAND SALES APRIL-SEPTEMBER PERIOD ARE AVAILABLE FROM THE BUILDINGS DEPARTMENT, THIRD FLOOR, MURRAY BUILDING, GARDEN ROAD, HONG FROM ANY OF THE DISTRICT LANDS OFFICES.
FOR THE AND LANDS KONG, OR
13