THURSDAY, MARCH 31, 1983
10
THREE LAND LOTS SOLD
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THREE LOTS OF INDUSTRIAL AND GODOWN LAND AND THREE FLATS WERE SOLD AT AN AUCTION HELD IN THE SHOUSON THEATRE OF HONG KONG ARTS CENTRE TODAY (THURSDAY).
THE FIRST SITE, OF ABOUT 911.6 SQUARE METRES IN YUEN LONG INDUSTRIAL AREA, WAS SOLD TO TAI YUEN CO. LTD. FOR $1.5 MILLION, OR $1 645.46 PER SQUARE METRE,
THE SECOND LOT IS IN KOWLOON BAY AND HAS AN AREA OF ABOUT 6 009 SQUARE METRES.
IT WAS SOLD TO CITY-SPACE INVESTMENT LTD. FOR $15.5 MILLION, $2 579.46 PER SQUARE METRE.
THE REMAINING LOT, MEASURING ABOUT 2 300 SQUARE METRES, IS ON TIN WAN PRAYA ROAD IN ABERDEEN.
IT WAS SOLD TO WELL TAI CO. LTD. FOR $16.2 MILLION, OR $7 043.48 PER SQUARE METRE.
THE THREE FLATS SOLD ARE ALL IN PINE STREET, KOWLOON.
MEASURING ABOUT 42.1 SQUARE METRES, THE FIRST FLAT ON THE
FLOOR OF 20 PINE STREET WAS SOLD TO LUNG TIN WAN FOR
FOUR TH
$80 000,
THE SECOND FLAT OF ABOUT 41.18 SQUARE METRES ON THE SECOND FLOOR OF 30 PINE STREET WAS SOLD TO SHU FONG INVESTMENT CO. LTD. FOR $81 000.
THE LAST FLAT OF ABOUT 52,2 SQUARE METRES ON THE THIRD FLOOR OF 30 PINE STREET WAS ALSO SOLD TO LUNG TIN WAN FOR $90 000.
A 2 382 SQUARE-METRE NON-INDUSTRIAL SITE IN YUEN LONG INDUSTRIAL AREA WAS WITHDRAWN BECAUSE THERE WAS NO BIDDER.
BUILDINGS TO BE DEMOLISHED FOR MTR PROJECT
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SIX PRE-WAR BUILDINGS AT 129-139 HENNESSY ROAD, WAN CHAI WILL BE RESUMED UNDER THE MASS TRANSIT RAILWAY (LAND RESUMPTION AND RELATED PROVISIONS) ORDINANCE TO FACILITATE THE CONSTRUCTION OF MTR ISLAND LINE.
DEMOLITION OF THE BUILDINGS, WHICH ARE ALL FOUR-STOREY HIGH, WILL BE REQUIRED IN CONNECTION WITH THE MTR WORKS IN THE ADJACENT CONCOURSE.
ALTOGETHER 118 PEOPLE FROM 40 FAMILIES WILL BE AFFECTED. WILL BE OFFERED PUBLIC HOUSING IN ACCORDANCE WITH THE HOUSING DEPARTMENT'S POLICY. THESE TENANTS TOGETHER WITH NON-DOMESTIC OCCUPIERS WILL BE ELIGIBLE FOR EX-GRATIA ALLOWANCES.
THEY
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