7
FRIDAY, JULY 14, 1989
DURING THE FIRST HALF OF 1989, THE SEVEN NEW TERRITORIES DISTRICT LAND REGISTRIES OPERATED BY THE DEPARTMENT REGISTERED A TOTAL OF 120,146 INSTRUMENTS.
THESE INCLUDED 18,992 SALE AND PURCHASE AGREEMENTS OF FLATS, 29,582 ASSIGNMENTS OF FLATS, 2,743 ASSIGNMENTS OF LOTS AND SECTIONS, 23
MORTGAGEE'S BUILDING MORTGAGES, 33,662 OTHER MORTGAGES AND 20,691 RECEIPTS, RE-ASSIGNMENTS AND CERTIFICATES OF SATISFACTION.
THE TOTAL VALUE OF CONSIDERATIONS WAS $14.852 BILLION, $16.818 BILLION,
$5.597 $9.119
AND BILLION, $0.446 BlLLION, $9.000 BILLION BILLION RESPECTIVELY.
A TOTAL OF 656 GOVERNMENT LAND TRANSACTIONS WERE COMPLETED
THE DURING
FIRST
NEW HALF OF 1989 IN BOTH THE URBAN AREA
THE AND TERRITORIES COMPARED WITH 514 AND 611 IN THE FIRST AND SECOND HALVES OF 1988 RESPECTIVELY.
THE TOTAL PREMIUM FROM ALL TYPES OF GOVERNMENT LAND TRANSACTIONS, IN BOTH THE URBAN AREA AND THE NEW TERRITORIES, DURING THE FIRST HALF OF 1989 AMOUNTED TO $8.036 BILLION COMPARED WITH $7.669 BILLION AND $4.595 BILLION RESPECTIVELY IN THE FIRST AND SECOND HALVES OF 1988.
THE MORE SIGNIFICANT GOVERNMENT LAND TRANSACTIONS DURING THE FIRST HALF OF 1989 WERE THE FOLLOWING:
(1)
COMPLETED
THE SALE BY CASH TENDER UNDER THE HOME OWNERSHIP (PRIVATE SECTOR PARTICIPATION) SCHEME ON JANUARY 12 OF A 2.24- AREA HECTARE SITE (JUNK BAY TOWN LOT NO. 11) AT JUNK BAY
ΤΟ HENING INVESTMENT LIMITED AT A
OF $106,000,000 FOR NON-INDUSTRIAL (EXCLUDING GODOWN) PURPOSES.
28
PREMIUM
(2)
THE
SQUARE
SALE BY PUBLIC AUCTION ON
OF 25
A 7,230- ROAD, METRE SITE (INLAND LOT NO. 8643) AT HARBOUR WAN CHAI TO CHEER CITY PROPERTIES LIMITED AND PROTASAN LIMITED AT A PREMIUM OF $3.35 BILLION FOR (INCLUDING HOTEL AND/OR SERVICE APARTMENT GODOWN AND PRIVATE RESIDENTIAL) PURPOSES.
JANUARY
NON-INDUSTRIAL BUT EXCLUDING
LOT
TIN (SHA
TIN ΤΟ
(3) THE GRANT ON FEBRUARY 2 OF A 1.192-HECTARE SITE
TOWN
CENTRE, SHA NO. 316) AT AREA 7 TOWN OVERTURE COMPANY LIMITED BY WAY OF EXCHANGE AT A PREMIUM OF $89,800,000
NON-INDUSTRIAL EXCLUDING GODOWN)
(4)
PURPOSES.
FOR
NO. KONG
THE GRANT ON FEBRUARY 13 OF A 58.7-HECTARE SITE (LOT 846 IN DD 227) AT TAI PO TSAI, SAI KUNG TO THE HONG UNIVERSITY OF SCIENCE AND TECHNOLOGY AT A NOMINAL PREMIUM FOR THE PURPOSES OF A SCIENCE AND TECHNOLOGY UNIVERSITY AND OTHER ANCILLARY PURPOSES.
/(5)
THE SALE