1904-1919
HONG KONG, 1913.
277
17
In connection with anti-malarial measures about 4,500,000 square feet were cleared of undergrowth at Government expense. A further area of about 975,000 square feet was cleared at the expense of the military authorities and an area of 3,500 square feet at the cost of private individuals.
For survey purposes an area of about 2,400,000 square feet was cleared for the Public Works Department.
Several inquiries were made by merchants regarding seeds of economic value and the desired information was given.
The first and second rice crops were good. Lichees were plentiful. On the last day of the year frost destroyed many of the fields of sweet potatoes in the New Territories.
(e.) Land Grants and General Value of Land.
There was a considerable increase in the net amount received from sales of Crown land and pier rights during 1913, the figure reached being $292,285, which is $128,501 more than the preceding year and $126,400 more than the average for the past five years. The principal items are: $43,645 for Kowloon Inland Lots Nos. 1,283 and 1,284, a large area of 233,225 square feet situate near Yaumati Railway Station, $35,000 and $23,500 respectively for Inland Lots Nos. 2,028 and 1,968 in Taipingshan, in the City of Victoria, which were sold at the rates of $4.95 and $5.11 per square foot: $24,900 obtained for Inland Lot No. 1,947, an area of 249,000 square feet situate on the summit of the ridge east of the Happy Valley, and $12,936 for sales of land in the New Territories, the last figure being $4,791 more than the amount received for the previous year, an increase of nearly 38 per cent.
There were not as many sales of lots in and around the City as there were last year, but several large lots were sold, and in some instances there was keen competition, particularly in the case of the two lots at Taipingshan above mentioned, when the amounts realized were considerably in excess of the upset prices.
There was a further increase in the number of private properties which changed hands, the total number of lots or portions of lots being 1,455, as against 1,219 last year, the total purchase money paid being $21,845,734, which is $2,815,748 in excess of last year's total.
During the year a survey was made of Marine Lot No. 54, which was re-entered in 1912, the lot being divided into some 61 inland lots, in respect of which 51 Crown leases have already been issued.
There was an improvement in the demand for granite quarries after a period of depression. A batch of ten were put up to auction at the end of the year for short periods and realized an increase of 57 per cent. above the upset rentals.
In the New Territories the demand for land was normal inasmuch as the number of lots sold was very little in excess of the preceding year, but the sale of several large agricultural lots and a large oyster...
1904-1919
HONG KONG, 1913.
277
17
In connection with anti-malarial measures about 4,500,000 square feet were cleared of undergrowth at Government expense. A further area of about 975,000 square feet was cleared at the expense of the military authorities and an area of 3,500 square feet at the cost of private individuals.
For survey purposes an area of about 2,400,000 square feet was cleared for the Public Works Department.
Several inquiries were made by merchants regarding seeds of economic value and the desired information was given.
The first and second rice crops were good. Lichees were plentiful. On the last day of the year frost destroyed many of the fields of sweet potatoes in the New Territories.
(e.)-Land Grants and General Value of Land.
There was a considerable increase in the net amount received from sales of Crown land and pier rights during 1913, the figure reached being $292,285, which is $128,501 more than the preceding year and $126,400 more than the average for the past five years. The principal items are:-$43,645 for Kowloon Inland Lots Nos. 1,283 and 1,284, a large area of 233,225 square feet situate near Yaumati Railway Station, $35,000 and $23,500 respectively for Inland Lots Nos. 2,028 and 1,968 in Taipingshan, in the City of Victoria, which were sold at the rates of $4.95 and $5.11 per square foot: $24,900 obtained for Inland Lot No. 1,947, an area of 249,000 square feet situate on the summit of the ridge east of the Happy Valley, and $12,936 for sales of land in the New Territories, the last figure being $4,791 more than the amount received for the previous year, an increase of nearly 38 per cent.
There were not as many sales of lots in and around the City as there were last year, but several large lots were sold, and in some instances there was keen competition, particularly in the case of the two lots at Taipingshan above mentioned, when the amounts realized were considerably in excess of the upset prices.
There was a further increase in the number of private properties which changed hands, the total number of lots or portions of lots being 1,455, as against 1,219 last year, the total purchase money paid being $21,845,734, which is $2,815,748 in excess of last year's total.
During the year a survey was made of Marine Lot No. 54, which was re-entered in 1912, the lot being divided into some 61 inland lots, in respect of which 51 Crown leases have already been issued.
There was an improvement in the demand for granite quarries after a period of depression. A batch of ten were put up to auction at the end of the year for short periods and realized an increase of 57 per cent. above the upset rentals.
In the New Territories the demand for land was normal inasmuch as the number of lots sold was very little in excess of the preceding year, but the sale of several large agricultural lots and a large oyster
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