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It is expected that the vacant quarters will be taken up by occupants who are being required to vacate their existing quarters at two sites, namely Unicorn Garden in Shouson Hill and Cape View in Chung Hom Kok, already targetted for disposal by sale towards the end of next year. A one year's notice-to-vacate has been issued to existing occupants of these sites to allow them time to make domestic arrangements and to apply for alternative quarters.
Progress of leasing of surplus NDQs:
The leasing of NDQs commenced on 30 October 1996. As at 23 November, 103 of the initial batch of 149 units have been successfully let. More units are being placed on the market. The flats are attracting considerable interest and we are confident that they will be taken up quickly.
Progress on sale of surplus NDQs:
Selection of property agents to sell individual NDQs for the Government is in progress. If the selection results are approved by the Central Tender Board, the list of the selected agents and other related details will be announced by end of November and the sale of NDQs will start in December.
Surplus situation after implementation of the leasing and sales programme:
The programme has been set up to ensure that if there are surplus units they are put to good economic use. The programme will continue as an interim measure to ensure NDQ which are no longer needed are properly utilised pending their final disposal.