XN000022-1980-08-11 — Page 3

MONDAY, AUGUST 11, 1980

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THREE LOTS FETCH $180.6 MILLION

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A 4 600 SQUARE METRE LOT AT SOUTH BAY CLOSE WAS SOLD BY AUCTION TODAY (MONDAY) TO KALAT COMPANY LIMITED FOR $73 MILLION OR $15 869.56 PER SQUARE METRE.

IT WILL BE FOR PRIVATE RESIDENTIAL PURPOSES AND WAS ONE OF THREE CROWN LOTS OFFERED FOR AUCTION IN THE CITY HALL THEATRE.

ANOTHER SITE OF ABOUT 385 SQUARE METRES WAS SOLD TO DAIRY FARM ICE AND COLD STORAGE COMPANY LTD. FOR $14.6 MILLION OR

37 922.07 PER SQUARE METRE.

IT ILL BE FOR USE AS A RESTAURANT, RETAIL SHOP OR SUCH RECREATIONAL USES (INCLUDING A CLUB) AS MAY BE APPROVED BY THE DIRECTOR OF PUBLIC WORKS.

THE THIRD LOT, OF 3 000 SQUARE METRES, LOCATED AT CHAI WAN RECLAMATION FOR INDUSTRIAL AND/OR GODOWN PURPOSES, WAS SOLD TO AIRNAT COMPANY LIMITED FOR $93 MILLION OR $31 000 PER SQUARE METRE.

THE AUCTIONEER WAS GOVERNMENT LAND AGENT, MR K.B. ROLFE.

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TUNG CHUNG FOOTBRIDGE NEARLY COMPLETED

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WORK ON REBUILDING A FOOTBRIDGE DESTROYED BY A TYPHOON LAST YEAR AT TUNG CHUNG, LANTAU, IS NEARING COMPLETION,

THE NEW FOOTBRIDGE, 50 METRES LONG AND TWO METRES WIDE, IS PEING BUILT OVER A STREAM THAT FLOWS FROM NGONG PING PLATEAU INTO TUNG CHUNG BAY.

TO THE WEST OF THE STREAM ARE THE VILLAGES OF SAN TAU, SHUM WAT AND SHA LO WAN, WHILE TO ITS EAST LIES THE TOWN OF TUNG CHUNG, WHERE THE MARKET, BUS TERMINUS, FERRY PIER AND SCHOOLS ARE SITUATED.

THE ORIGINAL FOOTBRIDGE, BUILT AT THE SAME LOCATION, WAS USED DAILY BY VILLAGERS CARRYING THE IR PRODUCE TO MARKETS, CHILDREN GOING TO SCHOOL AND TOURISTS.

IT WAS BUILT BY A ROYAL ENGINEERS FIELD SQUADRON IN 1971. RIVER EROSION, HOWEVER, CAUSED THE PILLARS TO MOVE AND THE BRIDGE EVENTUALLY COLLAPSED WHEN TYPHOON HOPE HIT HONG KONG,

WITHOUT THE BRIDGE, THE 4 000 PEOPLE LIVING IN THE AREA WERE INCONVENIENCED, SO THEY APPROACHED THE ISLANDS DISTRICT OFFICE FOR HELP. A $200 000 RE-BUILDING PROJECT WAS AGREED WITH THE LIONESS CLUB OF MOUNT PHOENIX DONATING HALF THE COST AND ISLANDS DISTRICT OFFICE MEETING THE REMAINDER.

DESIGNED BY THE NEW TERRITORIES ADMINISTRATION ENGINEER, MR RAYMOND WONG, THE NEW FOOTBRIDGE HAS REINFORCED CONCRETE PILLARS AND DECKING. IRON RAILINGS WILL BE ADDED AT BOTH EDGES FOR SAFETY PURPOSES.

WORK IS EXPECTED TO BE COMPLETED BY THE END OF THIS MONTH.