753
Establishing adequate communication between Earth and ... therefore concentrates on obtaining the means of ...
MINUTE PAPER.
... is 84 acres or 3,859,040 square feet. Sir des Vaux offered recently $3 a square foot for land situated near Queen's Road.
Sir des Vœux gives no details of his figures, but I should test if in connection with the military out of the centre of that area altogether, and thus obtain a release from the restriction against letting houses there. In Chinese houses, it might make a profit.
The amount of land held by the Military in the centre of the town and surrounding the area is considerable.
I find that the Valuation Officer has made an estimate, shady the Key (Carmichael) at a ... of $3,000,790. Not including the North Barracks with marine frontage and free from restrictions on building.
Nothing like this price comes near to being obtained for land as a whole, especially with the progress of the Praya Scheme hurt bid to lower prices. In some years to come, but it might well be that the whole area be worth not less than $6,000,000 or $6,500,000 in a few hands.
The cost of building new barracks, stables, Gymnasia, hospitals, workshops and ...
257
8-5-90.
Page 753
...
Page 257
753
Establishing adequate communication bet
Earth and wit ment therefore uncentrate
themolus in obtaining the means of
hidening
i.l
MINUTE PAPER.
is 84 acres
a 3,859,040 square feet. Sir
to des Vaux offered recently $3 a square foot
In hun siti
of
sign
or duplict
Whatting
ating the Quenis Road.
Si des Vœux gives no details of
fignies, hat I suffire test if in comed
Ech the military out of the contre of that
wim altogetlen, and thus obtain a
release from the restriction against
letting the grossed there In [hinese houses,
in meght make
a perfit.
The amount of land hality the Military
(
"in the contre of the worm and
Certhing the worm in her
#
I find theate the Vedtur.
Misan estim shady the Key= (armail
at a mi-
as $3000790
hot there is her
the North Barracks with marine
prontage and pee from restrictions on
wilding
Nothing like this price comes a obtained to
Hn whole, Eshecially.
Ao
thee progress of the
(bater Scheme hurt bid to lower prices.
In some years to come, but it might well
be that the whole hier be with not less.
men $6,000,00
or
$6,500,000 in a
hands.
The cost of Wilding
new barracks, stries,
P
S
Inced at Kown. Gymnasia, bropitals, work shops and
257
8-5.90.
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