XN000022-1978-09-14 — Page 4

THURSDAY, SEPTEMBER 14, 1978

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TWO MORE INDUSTRIAL SITES FOR SALE AT SHA TIN

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THE GOVERNMENT IS TO SELL BY TENDER TWO MORE SITES IN THE EXPANDING INDUSTRIAL AREA IN SHA TIN TO HOLDERS OF LAND EXCHANGE ENTITLEMENTS ISSUED BY THE NEW TERRITORIES ADMINISTRATION.

THE SENIOR ESTATE SURVEYOR OF THE SHA TIN DISTRICT OFFICE, MR. ROGER THOMPSON, TODAY SAID: THESE ARE VERY GOOD SITES SITUATED AT TAI WAI AND ARE CLOSE TO THE BUS AND RAILWAY EXCHANGE IN THE AREA.

+THE LOTS HAVE GOOD ROAD ACCESS TO KOWLOON BY WAY OF THE SHA TIN TRUNK ROAD, AND ARE CONVENIENTLY LOCATED NEAR A NUMBER OF PUBLIC HOUSING ESTATES, GOVERNMENT AND COMMUNITY BUILDINGS AND A VARIETY OF RECREATIONAL FACILITIES.+

HE ADDED THAT THE SITES SEEMED TO BE ATTRACTIVE TO ADVANCED TECHNOLOGY INDUSTRY.

MR. THOMPSON SAID THAT AN ADJACENT INDUSTRIAL SITE MEASURING 3,782 SQUARE METRES HAD FETCHED A RECORD PRICE OF $20 MILLION FOR THE AREA AT A GOVERNMENT AUCTION IN JUNE THIS YEAR.

THE FIRST SITE FOR TENDER HAS AN AREA OF 2,643 SQUARE METRES AND CARRIES A BUILDING COVENANT OF $2,850,000 TO BE FULFILLED WITHIN 30 MONTHS FROM JANUARY 1 NEXT YEAR.

THE SECOND SITE HAS AN AREA OF 2,273 SQUARE METRES AND CARRIES A BUILDING COVENANT OF $2,450,000 TO BE FULFILLED IN THE SAME PERIOD.

THE TWO SITES ARE BASICALLY RESTRICTED TO SIX OR SEVEN STOREY BUILDINGS.

APPLICATIONS FOR THE TWO LOTS MUST BE SUBMITTED TO THE SECRETARY FOR THE NEW TERRITORIES BY NOON ON OCTOBER 6 THIS YEAR, AND SHOULD BE PLACED IN THE APPLICATION BOX IN THE RECEPTION LOBBY OF THE NEW TERRITORIES ADMINISTRATION, 5TH FLOOR, HONG KONG HOUSING AUTHORITY HEADQUARTERS BUILDING, KOWLOON.

APPLICATION FORMS, ALONG WITH NOTICE AND CONDITIONS OF GRANT MAY BE OBTAINED FROM AND THE PLAN INSPECTED AT THE NEW TERRITORIES ADMINISTRATION OR THE SEVEN DISTRICT OFFICES.

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