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Land sales
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Following is a question by the Hon Albert Chan Wai-yip and a reply by the Secretary for Planning, Environment and Lands, Mr Tony Eason, in the Legislative Council today (Wednesday):
Question:
There were occasions in the past few years when some of the sites in the land sale programmes had not been sold as planned. Will the Government inform this Council:
(a)
(b)
of the total number of sites in the 1994-95 Lands Sales Programme not yet sold to date together with the total area of these sites and their respective usage; and what steps will be taken to ensure that these sites will be sold as planned within this financial year; and
whether there are discrepancies between the actual and anticipated selling prices of the sites sold this year; if so, what the reasons are?
Answer:
Mr President,
(a)
To date only 2 sites put up for sale by auction this year have failed to sell. The total area of these sites is 1.07 ha: one was for industrial use and the other for residential.
In respect of the industrial site, the area will be made up by other sites. The residential site will be put up for sale again in March 1995 with an increase in the site area.
The Government will seek to ensure full utilisation of the agreed Land Disposal Programme hectarage as far as possible.
(b) There have been no instances of discrepancy between actual and
anticipated selling prices of sites sold so far this year.
End/Wednesday, January 25, 1995
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