FRIDAY, JULY 13, 1990

11

OF THE PUBLIC DURING 3 THE FIRST HALF OF 1990 TOTALLED 736,455, DOWN BY 8.4 PER CENT AND

AND SECOND HALVES OF PER CENT RESPECTIVELY COMPARED WITH THE FIRST 1989.

SEARCHES IN THE LAND OFFICE BY MEMBERS

TOTAL THERE WERE 721 SURRENDERS AND RESUMPTIONS OF LAND WITH A

URBAN AREA AND THE COMPENSATION OF $0.405 BILLION PAID IN BOTH THE

BILLION IN THE FIRST NEW TERRITORIES, COMPARED WITH 850 AND $0.347

OF 1989 HALF OF 1989 AND 1,245 AND $1.221 BILLION IN THE SECOND HALF RESPECTIVELY.

THE EIGHT NEW

TERRITORIES DISTRICT DEPARTMENT. IT

THE OVER

REMAINING

MR GLEESON SAID THAT OF LAND REGISTRIES, SEVEN HAD NOW BEEN TAKEN OVER BY HIS

THAT THE DEPARTMENT WOULD TAKE WAS INTENDED REGISTRY AT NORTH AT THE END OF JULY 1990.

HALF OF 1990,

DURING THE FIRST

THE SEVEN NEW TERRITORIES OPERATED BY THE DEPARTMENT REGISTERED A DISTRICT LAND REGISTRIES

INSTRUMENTS, INCLUDING 25,625 SALE TOTAL OF 144,511

AND PURCHASE FLATS, 2,046 ASSIGNMENTS AGREEMENTS OF FLATS, 36,364 ASSIGNMENTS OF

OTHER 45,379

MORTGAGES OF LOTS AND SECTIONS, 47 BUILDING MORTGAGES,

AND CERTIFICATES OF AND 19,693 MORTGAGEE'S RECEIPTS, RE-ASSIGNMENTS

BILLION, SATISFACTION WITH A TOTAL VALUE OF CONSIDERATIONS OF $20.880

$9.902 BILLION AND $24.249 BILLION, $3.202 BILLION, $1.227 BILLION, $4.168 BILLION RESPECTIVELY.

LAND

A TOTAL OF 617 GOVERNMENT

TRANSACTIONS WERE COMPLETED THE URBAN AREA AND THE NEW DURING THE FIRST HALF OF 1990 IN BOTH

SECOND HALVES TERRITORIES COMPARED WITH 656 AND 724 IN THE FIRST AND OF 1989 RESPECTIVELY.

THE MORE SIGNIFICANT

GOVERNMENT LAND TRANSACTIONS COMPLETED

DURING THE FIRST HALF OF 1990 WERE THE FOLLOWING:

THE SALE BY CASH TENDER ON METRE SITE (RURAL BUILDING STOOKET LIMITED AT NON-INDUSTRIAL PURPOSES.

A

JANUARY 3 OF A LOT NO.

AT 3) PREMIUM

OF

11,220-SQUARE PEAK ROAD TO FOR $328,000,000

A 2,941-8QUARE THE SALE BY PUBLIC AUCTION ON JANUARY 23 OF

5971) AT WANG HOI METRE SITE (NEW KOWLOON INLAND LOT NO.

AT LIMITED

A BAY TO SOLANA

PREMIUM OF ROAD, $238,000,000 FOR NON-INDUSTRIAL PURPOSES.

KOWLOON

A 5,220-SQUARE THE SALE BY PUBLIC AUCTION ON JANUARY 23 OF

STREET, METRE SITE (HUNG HOM INLAND LOT NO. 545) AT MAN LOK HUNG HOM TO VIEW SUCCESS INVESTMENTS LIMITED OF $200,000,000 FOR GODOWN PURPOSES.

A/B

THE

BY LETTER SALE

TENDER 27, 290-SQUARE METRE SITE (SHA TIN AREA 100, MA ON SHAN TOWN CENTRE,

DEVELOPMENT

ENTERPRISE

COMPANY LIMITED COMPANY

COMPANY

LIMITED (16.1

$137,837,150 FOR

ON

AT A PREMIUM

FEBRUARY

A

2 OF TOWN LOT NO. 307) IN SHA TIN то SHUNG KING

PER (54.7

CENT), EVERCOT PER (29.2

CENT) AND MILLAP OF AT CENT)

A PREMIUM

LIMITED PER NON-INDUSTRIAL (INCLUDING A TRANSPORT

INTERCHANGE BUT EXCLUDING GODOWN) PURPOSES.

THE SALE

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