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Wednesday, January 24, 1973
LAND FOR PRIVATE RESIDENTIAL DEVELOPMENT
Public Auction Next Month
Three lots of Crown land for private residential development
will be offered for sale at a public auction in the City Hall next month.
All three lots, located in Kowloon's "Broadcast City," have
a total upset price of over $21 million.
The biggest lot, situated at the junction of Broadcast Drive
and Fessenden Road, occupies an area of about 19,000 sq. ft. and has
an upset price of $12 million.
The second lot is adjacent to the first. It measures about
12,330 sq. ft. and the upset price is $3.7 million.
The last lot is located at the junction of Marconi Road
and Broadcast Drive with an area of 14,730 sq. ft. The upset price
is $6 million.
The auction will take place on February 23 at 2.30 p.m. in
the City Hall Lecture Room, 8th Floor.
Full particulars and conditions of sale may be obtained from
and sales plans inspected at the Public Enquiry Sub-office, Central
Government Offices (West Wing), Ground Floor, Hong Kong, and at the
Crown Lands and Survey Office, Kowloon Government Offices, 405 Nathan
Road, 10th floor, Kowloon.
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