XN000022-1980-01-30 — Page 30

INDIVIDUALS:

TO PURCHASE RESIDENTIAL

PROPERTY

28

WEDNESDAY, JANUARY 30, 1980

7 524 (+10.5%)

6 812

1 128 (+18.9%)

949

OTHER PURPOSES

5 348 (+10.2%)

4 852

1 155 (+15.7%)

998

OTHERS

6 470 (+9.2%)

5 923

1 672 (+3.5%)

1 615

TOTAL *

62 227 (+10,0%)

56 562

13 566 (+13.4%)

11 964

* THIS EXCLUDES FUNDS ADVANCED BY BANKS TO DEPOSIT-TAKING

COMPANIES.

SHA TIN TO GET A NEW ELEVATED ROAD

*****

WORK WILL BEGIN NEXT WEEK ON AN ELEVATED ROAD BETWEEN FO TAN NULLAH AND THE PODIUM, NOW UNDER CONSTRUCTION, OVER THE HO TUNG LAU KOWLOON-CANTON RAILWAY DEPOT IN SHA TIN NEW TOWN.

CONTRACT FOR THE WORK WORTH ABOUT $27 MILLION WAS AWARDED TO PAUL Y. CONSTRUCTION CO LTD, AND WAS FORMALLY SIGNED TODAY (WEDNESDAY).

MR K.T. KUO, CHIEF ENGINEER OF THE SHA TIN NEW TOWN DEVELOPMENT OFFICE, SIGNED ON BEHALF OF THE PUBLIC WORKS DEPARTMENT AND MR GEORGE C. TSO FOR THE CONTRACTOR.

MR KUO SAID THAT THE CONTRACT FORMED PART OF A ROAD PROJECT WHICH WOULD EVENTUALLY LINK THE RAILWAY PODIUM WITH A PRIMARY DISTRIBUTOR ROAD KNOWN AS P6.

+INITIALLY THIS SECTION OF ROAD WILL ONLY PROVIDE A PEDESTRIAN AND BICYCLE LINK BETWEEN THE PODIUM AND CENTRAL SHA TIN, HE SAID.

+HOWEVER, WHEN THE REMAINING SECTION OF THE ROAD BETWEEN FO TAN NULLAH AND ROAD P6 IS BUILT, IT WILL PROVIDE DIRECT VEHICULAR ACCESS TO THE PODIUM FROM ROAD P6 WHICH IS CONNECTED WITH THE TRUNK ROAD NETWORK THROUGH SHA TIN.+

WORK FOR THIS STAGE, WHICH WILL TAKE 20 MONTHS TO COMPLETE, WILL ALSO INCLUDE A GROUND. LEVEL ROAD WITHIN THE KCR DEPOT AND SEWER AND STORM WATER DRAINS TO SERVICE THE DEPOT.

THE ROAD HAS BEEN DESIGNED AND ITS CONSTRUCTION WILL BE SUPERVISED BY MAUNSELL CONSULTANTS ASIA, CONSULTING ENGINEERS FOR THE NEW TERRITORIES DEVELOPMENT DEPARTMENT OF PWD.

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