7
Land Sales.
Land Sales, etc.
4. Land Sales, Extensions, Grants, etc.—The total amount of premia paid into the Treasury during the year was $1,642,106.87 of which $5,807.75 was derived from fees for boundary stones.
The revised estimate for the year was $1,250,000.00.
The following is a comparative statement of the Revenue derived from Land Sales, &c. for the years 1926-1928:
1926 1927 1928 $ $ $ Sales by Auction, 30,370.50 39,840.50 1,369,356.00 Sales without Auction, 55,761.18 50,038.31 Extensions granted. 112,449.79 22,334.87 299,146.28 91,948.56 Grants on Nominal Terms, 1.00 Grants on Short Leases. ... 20,800.00 3,321.00 Premia derived from sale of rights to erect piers, 1,280.00 564.20 903.96 Fees for Boundary Stones to define Lots, Conversions and Exchanges, 6,515.50 3,575.25 5,961.75 94,334.20 44,425.70 57,855.31 Total, 321,511.17 164,099.83 1,825,172.81 Actual amount of premia paid into the Treasury, 325,569.79 146,242.24 1,642,106.87The difference between the above totals is accounted for by the payment of premium and interest in 1928, and also failure to pay premium on transactions during 1928, refunds and re-adjustments.
5. Sales by Auction.—Six lots in Hong Kong, 33 lots in Kowloon and 32 lots in New Kowloon were sold during the year realizing the sums of $128,206.00, $849,945.50 and $385,157.50 respectively.
The District Officer (South) sold 18 lots which realized $253.00 and the District Officer (North) 216 lots for $5,794.00.
6. Sales without Auction—Twenty-five lots in Hong Kong (including 20 lots on the Praya East Reclamation), 3 lots in Kowloon and 4 lots in the New Territories were sold during the year realizing the sums of $138,755.25, $45,665.00 & $6,997.20 respectively.
The District Officer (South) sold 59 lots which realized $796.70 and the District Officer (North) 16 lots for $782.30.
7
Land Sales.
Land Sales, etc.
4. Land Sales, Extensions, Grants, etc.-The total amount of premia paid into the Treasury during the year was $1,642,106.87 of which $5,807.75 was derived from fees for boundary stones.
The revised estimate for the year was $1,250,000.00.
The following is a comparative statement of the Revenue derived from Land Sales, &c. for the years 1926-1928:---
1926.
1927.
1928.
C.
$
C.
Sales by Anction,
30,370.50
39.840.50 1,369,356.00
Sales without Auction,
55,761.18
50,038.31
Extensions granted.
112,449.79
22,334.87
299,146.28 91,948.56
Grants on Nominal Terms,
1.00
Grants on Short Leases.
...
20,800.00
3,321.00
Premia derived from sale of rights to
erect piers,
1.280.00
564.20
903,96
Fees for Boundary Stones to define Lots, Conversions and Exchanges,
6,515.50
3,575.25
5,961.75
94,334.20
44,425.70
57,855,31
Total,
...$
321,511.17
164,099.83 1,825,172.81
Actual amount of premia paid into
the Treasury,...
325,569.79
146,242.241,642,106 87
The difference between the above totals is accounted for by the payment of premium and interest in 1928, and also failure to pay premium on transactions during 1928, refunds and re- adjustments.
5. Sales by Auction.-Six lots in Hong Kong, 33 lots in Kowloon and 32 lots in New Kowloon were sold during the year realizing the sums of $128,206.00, $849,945.50 and $385,157.50 respectively.
The District Officer (South) sold 18 lots which realized $253.00 and the District Officer (North) 216 lots for $5,794.00.
6. Sales without Auction-Twenty five lots in Hong Kong (including 20 lots on the Praya East Reclamation), 3 lots in Kowloon and 4 lots in the New Territories were sold during the year realizing the sums of $138,755.25, $45,665.00 & $6,997.20 respectively.
The District Officer (South) sold 59 lots which realized $796.70 and the District Officer (North) 16 lots for $782.30.
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