6. The increase in New Kowloon compares with a decrease of $18,390 last year, and is due mainly to further building of European dwellings and Chinese tenement houses on the new lay-out near Kowloon City, to factory buildings, and the Chinese tenement houses in Shamshuipo.
7. During the 1937-1938 rating year, refunds of rate were granted for vacant floors of tenements where the owners had elected at the last Annual Valuation to obtain this concession.
8. The number of floors reported and found vacant averaged 842 per month compared with 2,070 last year, while the number of all classes of tenements each under one assessment reported and found vacant averaged 411 per month compared with 936 per month last year. Thus the total vacancies averaged 1,253 per month compared with 3,006 per month last year. For April this year the total number of tenements and floors found vacant was 283 compared with 2,595 last year. This great reduction is due to the influx of refugees from China since August, following the outbreak of the Sino-Japanese hostilities.
9. During the year ending 30th April, 1938, 1,067 Interim Valuations, as compared with 1,283 in the previous year, were made as follows:-
CITY OF VICTORIA REST OF COLONY No. Rateable Value. No. Rateable Value. 328 $785,340 387 $519,371 New or rebuilt tenements and tenements structurally altered 157 $474,303 195 $201,992 Assessment cancelled, tenements resumed, pulled down or being in other respects not rateable 485 $311,037 582 $317,379 Number and Increase-B 2
6. The increase in New Kowloon compares with an decrease of $18,390 last year, and is due mainly to further building of European dwellings and Chinese tenement houses on the new lay-out near Kowloon City, to factory buildings, and the Chinese tenement houses in Shamshuipo.
7. During the 1937-1938 rating year, refunds of rate were granted for vacant floors of tenements where the owners had elected at the last Annual Valuation to obtain this concession.
1
8. The number of floors reported and found vacant averaged 842 per month compared with 2,070 last year, while the number of all classes of tenements each under one assessment reported and found vacant averaged 411 per month compared with 936 per month last year. Thus the total vacancies averaged 1,253 per month compared with 3,006 per month last year. For April this year the total number of tenements and floors found vacant was 283 compared with 2,595 last year. This great reduction is due to the influx of refugees from China since August, following the outbreak of the Sino-Japanese hostilities.
9. During the year ending 30th April, 1938, 1,067 Interim Valuations, as compared with 1,283 in the previous year, were made as follows:-
CITY OF VICTORIA REST OF COLONY
Rateable
No. Value. No.
$
Rateable Value. $
328 785,340 387
519,371
cancelled,
New or rebuilt tenements and tenements struc- turally altered
Assessment
tenements resumed, pulled down or being in other respects not rateable
157 474,303 195 201,992
Number and Increase
485
311,037 582
317,379
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