XN000022-1984-02-06 — Page 3

MONDAY, FEBRUARY 6, 1954

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THE BUS TERMINUS AND PEDESTRIAN DECK AND COVER AND ACCESS ROADS WERE OPENED AT THE SAME TIME AS THE FERRY PIER IN DECEMBER.

THE COMPLEX WILL BE FULLY COMPLETED NEXT SEPTEMBER.

THE PROJECT ALSO INCLUDES REPROVISIONING OF VARIOUS

WATERFRONT FACILITIES, INCLUDING A SALT WATER PUMPING STATION, A FERRY PIER AND A CARGO WORKING AREA.

THE NEW CARGO WORKING AREA PROVIDES 600 METRES OF SEAFRONTAGE WITH A 30-METRE-WIDE SERVICE APRON.

IT WILL HAVE ITS OWN PERMANENT ADMINISTRATIVE BUILDING AND CANTEEN FOR WHICH TENDERS HAVE BEEN INVITED.

CONSTRUCTION WILL START IN APRIL AND BE COMPLETED BY FEBRUARY NEXT YEAR.

THE SALT WATER PUMPING STATION IS DUE TO COME INTO OPERATION BY THE MIDDLE OF THIS YEAR AND PROVIDE ADDITIONAL FLUSHING CAPACITY TO MEET THE NEEDS OF TSUEN WAN'S INCREASING POPULATION.

THE RECLAMATION IS DUE TO BE FULLY COMPLETED BY MID-1986. THIS WILL THEN ALLOW COMPLETION OF LANDSCAPING AND THE RELEASE OF LAND ZONED FOR COMMERCIAL AND RESIDENTIAL DEVELOPMENT.

APARTMENT SALE AGREEMENTS ON SHARP RISE

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THE NUMBER OF SALE AGREEMENTS ON FLATS INCREASED SUBSTANTIALLY LAST YEAR, THE LAND OFFICE OF THE REGISTRAR GENERAL'S DEPARTMENT REPORTED TODAY.

IN ALL, 24 447 SUCH AGREEMENTS WERE REGISTERED, AN INCREASE OF 40.2 PER CENT OVER THE PREVIOUS YEAR.

DURING 1983, 48 264 ASSIGNMENTS OF FLATS WERE REGISTERED, COMPARED WITH 48 015 IN 1982.

A TOTAL OF 8 847 ASSIGNMENTS OF FLATS WERE COMPLETED BY THE LAND OFFICE ON BEHALF OF THE HOUSING AUTHORITY UNDER THE GOVERNMENT'S HOME OWNERSHIP SCHEME, COMPARED WITH 4 462 IN 1982.

FIFTY-FOUR BUILDING MORTGAGES AND 41 022 OTHER MORTGAGES WERE REGISTERED, DOWN FROM 119 AND 49 709 RESPECTIVELY IN THE PREVIOUS YEAR.

THERE WERE 448 ASSIGNMENTS OF LOTS AND SECTIONS, 15.5 PER CENT LESS THAN IN 1982.

SEARCHES IN THE LAND OFFICE BY MEMBERS OF THE PUBLIC REACHED AN ALL-TIME HIGH OF 640 900, UP BY 3.6 PER CENT.

THE TOTAL