XN000022-1982-05-17 — Page 8

MONDAY, MAY 17, 1982

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FOUR LOTS OF CROWN LAND SOLD

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FOUR LOTS OF CROWN LAND WERE SOLD AT AN AUCTION CONDUCTED BY THE LANDS DEPARTMENT AT THE CITY HALL THEATRE TODAY (MONDAY).

THE FIRST LOT, MEASURING ABOUT 4 734 SQUARE METRES IN BLACK'S LINK, IS FOR PRIVATE RESIDENTIAL PURPOSES.

IT WAS SOLD TO CONQUER ENTERPRISES LTD. FOR $17 MILLION OR $3 591.04 PER SQUARE METRE.

THE REMAINING THREE LOTS ARE FOR INDUSTRIAL AND/OR GODOWN PURPOSES.

THE LARGER SITE IN TUEN MUN, MEASURING ABOUT 4 710 SQUARE METRES, WAS SOLD TO KAMINA REALTY LTD. FOR $7 MILLION OR $1 486.2 PER SQUARE METRE.

ANOTHER SITE, ALSO IN TUEN MUN, OF ABOUT 2 875 SQUARE METRES, WAS SOLD TO GOOD HARVEST ENTERPRISES LTD. FOR $5.7 MILLION OR $1 982.61 PER SQUARE METRE.

THE REMAINING LOT IN YUEN LONG INDUSTRIAL AREA, MEASURING ABOUT 1 198 SQUARE METRES, WAS SOLD TO SHIN CHAK DEVELOPMENT LTD. FOR $4.4 MILLION OR $3 672.79 PER SQUARE METRE.