XN000022-1980-04-25 — Page 6

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FRIDAY, APRIL 25, 1980

THE ONE POINT INCREASE IN THE INDEX FOR HOUSING IN CPI(B) WAS ATTRIBUTABLE TO HIGHER MAINTENANCE FEES IN MULTI-STOREY BUILDINGS.

HIGHER CHARGES FOR ELECTRICITY INCREASED THE INDEX FOR FUEL AND LIGHT BY FOUR POINTS IN CPI(A) AND BY THREE POINTS IN CPI(B).

THE INDEX FOR CLOTHING AND FOOTWEAR DECREASED BY ONE POINT IN CPI(B) AS A RESULT OF LOWER PRICES FOR WOMEN'S OUTERCLOTHING.

THE INDEX FOR DURABLE GOODS INCREASED BY TWO POINTS IN CPI(A) AND BY ONE POINT IN CPI(B) BECAUSE OF HIGHER PRICES FOR ELECTRICAL APPLIANCES.

FOLLOWING HIGHER PRICES FOR MEDICINES AND TOYS, THE INDEX FOR MISCELLANEOUS GOODS INCREASED BY ONE POINT IN CPI(A).

THE INDEX FOR TRANSPORT AND VEHICLES INCREASED BY ONE POINT EACH IN CPI(A) AND (B), REFLECTING THE IMPACT OF THE UPWARD REVISION IN BUS FARES SINCE FEBRUARY AS WELL AS HIGHER CHARGES FOR PEAK TRAM FARES AND MACAD FERRY AND HYDROFOIL FARES. OFFSETTING THESE RISES WERE THE DECREASES IN PUBLIC LIGHT BUS FARES WHICH WENT UP DURING THE LUNAR NEW YEAR.

THE INDEX FOR SERVICES DECREASED BY TWO POINTS IN CPI(A) AND BY ONE POINT IN CPI(B) AS THE CHARGES FOR HAIRDRESSING RETURNED TO NORMAL AFTER THE LUNAR NEW YEAR.

PRICE MOVEMENTS IN OTHER COMMODITY SECTIONS WERE INSIGNIFICANT.

DETAILS OF THESE PRICE MOVEMENTS ARE GIVEN IN THE CONSUMER PRICE INDEX REPORT FOR MARCH 1980, WHICH WILL SOON BE AVAILABLE FOR SALE AT $2 EACH AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE.

EIGHT NT SITES AVAILABLE NEXT MONTH

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THE NEW TERRITORIES ADMINISTRATION IS TO OFFER EIGHT SITES BY TENDER NEXT MONTH TO HOLDERS OF LAND EXCHANGE ENTITLEMENTS.

SEVEN OF THE SITES ARE IN SHA TIN AND THE REMAINING ONE IS IN TUEN MUN.

OF THE SEVEN SHA TIN SITES FIVE ARE FOR RESIDENTIAL DEVELOPMENT, FOUR ARE IN AREA 46 AND HAVE PLOT RATIOS OF ONLY 0.4 WHILE THE OTHER SITE IS IN AREA 43 WITH A PLOT RATIO OF 1.

THE AREAS OF THE FIVE SITES RANGE FROM 928 SQUARE METRES TO 13 160 SQUARE METRES AND ARE FOR TWO-STOREY OR FOUR-STOREY DEVELOPMENT.

THE OTHER TWO SHA TIN SITES ARE FOR INDUSTRIAL DEVELOPMENT. LOCATED IN FO TAN INDUSTRIAL AREA, THEY ARE FOR MULTI-STOREY INDUSTRIAL OR GODOWN PURPOSES. THEY MEASURE 4 370 SQUARE METRES AND 5 147 SQUARE METRES RESPECTIVELY AND BOTH HAVE A PLOT RATIO OF 9.5.

THE FLUILDING