MONDAY, FEBRUARY 27, 1989
5.
"THE SIZE AND COMPLEXITY OF THE PROJECT, AND ITS STEEP HILLSIDE SITE, TO SAY NOTHING OF THE NEED ΤΟ INVOLVE MORE THAN 25 DIFFERENT GOVERNMENT DEPARTMENTS IN THE PLANNING PROCESS, MEANS THAT BUILDING THIS HOSPITAL IS A MAJOR CHALLENGE FOR THE GOVERNMENT.
"IT IS EXACTLY THE SORT OF CHALLENGE THAT WE MUST MEET IF WE ARE TO IMPROVE OUR MEDICAL SERVICES AND MAINTAIN OUR PROUD RECORD OF ACHIEVEMENT IN PUBLIC HEALTH, THE GOVERNOR SAID.
..
SIR DAVID SAID IT WAS A GREAT PLEASURE THAT LADY YOUDE HAD
AGREED TO HAVE THE HOSPITAL NAMED AFTER HER.
THE HOSPITAL WOULD COMMEMORATE, IN A VERY TANGIBLE FORM, THE CONCERN WHICH BOTH SIR EDWARD YOUDE AND LADY YOUDE SHOWED FOR THE WELFARE OF THE COMMUNITY, THE GOVERNOR SAID.
THREE LOTS SOLD FOR NEARLY $690 MILLION
*
THE SALE OF THREE LOTS BY THE BUILDINGS AND LANDS DEPARTMENT IN A PUBLIC AUCTION HELD TODAY (MONDAY) FETCHED A TOTAL PREMIUM OF $689.5 MILLION.
AND
A NON-INDUSTRIAL (EXCLUDING RESIDENTIAL, HOTEL, CINEMA GODOWN) LOT LOCATED AT WANG HO1 ROAD, KOWLOON BAY, WAS SOLD то LAND SUCCESS DEVELOPMENT LIMITED, DIAMOND CAREER LIMITED AND UNION PEARL DEVELOPMENT LIMITED FOR $150 MILLION.
BIDDING STARTED AT $300 MILLION.
THE LOT COVERS AN AREA OF ABOUT 4,121 SQUARE METRES. THE PURCHASER HAS TO COMPLETE A GROSS FLOOR AREA OF NOT LESS THAN 27,700 SQUARE METRES BEFORE MARCH 31, 1993.
A PRIVATE RESIDENTIAL LOT IN AREA 43, SHA TIN NEW TOWN WAS BOUGHT BY HIPOINT INVESTMENT LIMITED FOR $12.5 MILLION FOLLOWING BIDDINGS WHICH STARTED AT $8 MILLION,
THE AREA OF THE LOT IS ABOUT 1,550 SQUARE METRES DEVELOPER IS REQUIRED TO COMPLETE A GROSS FLOOR AREA OF 558 SQUARE METRES BEFORE MARCH 31, 1992.
ANOTHER PRIVATE RESIDENTIAL LOT WAS SOLD TO KINGSWORTH FOR $227 MILLION.
AND THE AT LEAST
LIMITED
IT IS LOCATED IN AREA 39 IN TUEN MUN AND COVERS AN AREA OF ABOUT 9,673 SQUARE METRES. BIDDING STARTED AT $130 MILLION.
THE DEVELOPER HAS TO COMPLETE A GROSS FLOOR AREA OF NOT LESS THAN 19,152 SQUARE METRES BEFORE MARCH 31, 1993.
THE AUCTION WAS HELD IN THE CITY HALL THEATRE AND WAS CONDUCTED BY GOVERNMENT LAND AGENT OF THE BUILDINGS AND LANDS DEPARTMENT, MR TIM MILLS.
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