14
FRIDAY, JANUARY 12, 1990
DURING 1989, THE SEVEN NEW TERRITORIES DISTRICT LAND REGISTRIES OPERATED BY THE DEPARTMENT REGISTERED A TOTAL OF 238,022 INSTRUMENTS, AGAIN AN ALL-TIME HIGH.
THESE INCLUDED 43,668 SALE AND PURCHASE AGREEMENTS OF FLATS, 58,293 ASSIGNMENTS OF FLATS, 4,735 ASSIGNMENTS OF LOTS AND SECTIONS 45 BUILDING MORTGAGES, 63,334 OTHER MORTGAGES AND 37,664 MORTGAGEES' TOTAL RECEIPTS, REASSIGNMENTS AND CERTIFICATES OF SATISFACTION WITH A VALUE OF CONSIDERATION OF $32.337 BILLION, $33.058 BILLION, $14.127 BILLION, $1.1 BILLION, $15.146 BILLION AND $9.347 BILLION RESPECTIVELY.
COMMENTING ON THE OVERALL FIGURES, MR GLEESON SAID THAT ALTHOUGH THEY WERE DOWN BY ABOUT 20 PER CENT DURING THE MONTHS OF
REFLECTED JUNE, JULY AND AUGUST, THEY
A CONTINUING HIGH
OF LEVEL ACTIVITY IN THE PROPERTY MARKET GENERALLY DURING THE YEAR AND ALSO THE CONTINUING URBANISATION OF THE NEW TERRITORIES.
THE TOTAL NUMBER OF REGISTERED PROPERTY OWNERS IN THE TERRITORY NOW STOOD AT 1,213,000, AN INCREASE OF
PER CENT OVER THE FIGURE AT THE END OF 1988 WHICH ITSELF WAS AN INCREASE OF 9.0 PER CENT OVER 1987.
96,791
OR
8.
7
A TOTAL OF 1.380 GOVERNMENT LAND TRANSACTIONS WERE CONCLUDED IN 1989 IN BOTH THE URBAN AREA AND THE NEW TERRITORIES COMPARED WITH
TRANSACTIONS 1,125 IN 1988. AMONG THE MORE SIGNIFICANT OF THESE
WERE THE FOLLOWING:
*
SITE (NEW
THE GRANT ON JANUARY 24 OF A 47,000-SQUARE METRE KOWLOON INLAND LOT NO. 6046) AT LEI YUE MUN ROAD, LAM TIN TO NEW HONG KONG TUNNEL COMPANY LIMITED AT A PREMIUM OF $750,000,000 FOR NON-INDUSTRIAL (EXCLUDING GODOWN AND HOTEL) PURPOSES.
THE SALE BY PUBLIC AUCTION ON JANUARY 25 OF A 7,230-SQUARE METRE SITE (INLAND LOT NO. 8643) AT HARBOUR ROAD, WAN CHAI TO CHEER CITY PROPERTIES LIMITED AND PROTASAN LIMITED AT A PREMIUM OF $3,350,000,000 FOR NON-INDUSTRIAL (INCLUDING HOTEL AND/OR SERVICE APARTMENTS BUT EXCLUDING GODOWN AND PRIVATE RESIDENTIAL) PURPOSES.
THE GRANT ON FEBRUARY 13 OF A
58.7-HECTARE SITE (LOT NO.
846 IN DD227) AT TAI PO TSAI, SAI KUNG TO THE HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY FOR THE PURPOSES OF A SCIENCE AND TECHNOLOGY UNIVERSITY AND OTHER ANCILLARY PURPOSES.
THE SALE BY PUBLIC AUCTION ON MARCH 28 OF A 2.215-HECTARE SITE (TAL PO TOWN LOT NO. 66) AT AREA 22, TAI PO, TO ALLWAYS SUCCESS DEVELOPMENT LIMITED AT A PREMIUM OF $700,000,000 FOR PRIVATE RESIDENTIAL PURPOSES.
/* THE SALE