53
Since offices, and high quality offices in particular, are predominantly offered for rent the scope for speculation is limited. Furthermore, it is difficult to distinguish clearly between investors and speculators in the office market, since buyers are generally looking for an investment return either through resale or leasing.
We do not therefore see the need for any administrative measures, either to improve supply or to dampen speculation, at this time.
End/Wednesday, December 14, 1994
Passenger capacity of public light buses
Following is a question by the Hon Lee Wing-tat and a written reply by the Secretary for Transport, Mr Haider Barma, in the Legislative Council today (Wednesday):
Question: In order to increase the passenger volume of public transport facilities, will
the Government inform this Council:
(a)
(b)
(c)
of the percentage of the passenger volume of public light buses (i.e. red minibuses and green minibuses) of the overall road public transport passenger volume in each of the
past five
years;
whether it will review the existing restrictions prohibiting red minibuses from running in public housing estates and on new highways; and
whether it will consider increasing the passenger capacity of public light buses from 16 seats to 18 seats?
Mr President,
The statistics sought by the Hon. Lee Wing-tat on the number of carried by public light buses (PLBs) are annexed.
passengers