Land Sales, &c.
8
The following is a comparative statement of the Revenue derived from Land Sales, etc., for the years 1914-1916:
1914 1915 1916 Sales by Auction $209,322.00 $24,736.00 $213,171.00 Sales without Auction $6,217.50 $8,589.80 $76,215.56 Extensions granted $16,265.65 $7,044.88 $21,137.95 Grants on Nominal Terms Grants on Short Leases Extensions of Short Period Leases to 75 years $210.00 Premia derived from sale of rights to erect piers $21,883.06 $51,099.96 $35,209.02 Fees for Boundary Stones to mark lots $2,261.30 $1,482.50 $1,502.20 Re-adjustments in Hongkong, Kowloon and New Territories Conversions and Exchanges $8,274.42 $4,023.19 $2,712.56 Premium for Encroachments Premium for permission to build upon portions of Kowloon Marine Lots Nos. 10 and 12 $4,155.30 $558.60 Total $268,409.23 $96,976.33 $350,716.89 Actual amount of premium paid into the Treasury $268,476.27 $96,977.60 $350,716.896. Sales by Auction.-Twelve lots were sold in Hongkong and three in Kowloon which realized $62,992.00 and $83,834.00 respectively. The District Officer at Taipo sold 144 small lots which realized $64,084 and the Assistant District Officer at Hongkong 17 lots which realized $2,261.00.
The following are details of the principal Land Sales:
No. of Lot Area in Crown sq. ft. Annual rent Premium Rate realized K.I.L. 1304 9,870 $136 $43,000.00 $4.36 per sq. ft. K.I.L. 1301 40,480 $464 $40,480.00 $1.00 I.L. 2166 17,000 $176 $12,100.00 $0.71 I.L. 2154 52,366 $360 $10,473.00 $0.20 I.L. 2173 I.L. 2158 1,046 $18,093 $8,220.00 $7.86 19 $124 $5,400.00 $307. Sales without Auction.-In New Kowloon, an area of about 226.92 acres, comprising foreshore and sea-bed in Kowloon Bay, was disposed of for reclamation purposes in connection with a scheme for providing a residential district for better-class Chinese.
Land Sales, &c.
8
The following is a comparative statement of the Revenue. derived from Land Sales, etc., for the years 1914-1916-
1914.
1915.
1916.
$ c.
$
$
Sales by Auction,
209,322.00
24,736.00
213,171.00
Sales without Auction,
6.217.50
8,589.80
76.215.56
Extensions granted,
16,265.65
7,044.88
21,137.95
Grants on Nominal Terms,
Grants on Short Leases,
•
Extensions of Short Period Leases to 75
years,
210.00
Premia derived from sale of rights to
crect piers,
21,883.06
51,099.96
35,209.02
Fees for Boundary Stones to mark lots..........
2,261.30
1,482.50
1,502.20
Re-adjustments in Hongkong, Kowloon
and New Territories,
Conversions and Exchanges,
8,274.42
4,023.19
2,712.56
Premium for Encroachments,
Premium for permission to build upon
portions of Kowloon Marine Lots Nos. 10 and 12,
4,155.30
558.60
Total,...$ 268,409.23
96,976.33
350,716.89
Actual amount of premium paid into the
Treasury,
.$ 268,476.27 96,977.60 350,716.89
6. Sales by Auction.-Twelve lots were sold in Hongkong and three in Kowloon which realized $62,992.00 and $83,834.00 respectively. The District Officer at Taipo sold 144 small lots which realized $64,084 and the Assistant District Officer at Hong- kong 17 lots which realized $2,261.00.
The following are details of the principal Land Sales :-
No. of Lot.
Area in Crown sq. ft.
rent.
Premium.
Rate realized.
K.I.L. 1304,
9,870 $136 $43,000.00 $4.36 per sq. ft. K.I.L. 1301, 40,480 464
40,480.00
1.00
59
I.L. 2166,
17,000 176
12,100.00
71
""
I.L. 2154,
52,366
360
10,473.00
20
I.L. 2173,
I.L. 2158,
1,046 18,093
16
8,220.00
7.86
19
124
5,400.00
30
7. Sales without Auction.-In New Kowloon, an area of about 226-92 acres, comprising foreshore and sea-bed in Kowloon Bay, was disposed of for reclamation purposes in connection with a scheme for providing a residential district for better-class Chinese.
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