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MONDAY, MARCH 5, 1984
7
21 LAND SITES FOR SALE IN NEXT SIX MONTHS
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THE GOVERNMENT PLANS TO OFFER 21 SITES FOR SALE IN THE URBAN AREA AND NEW TERRITORIES IN THE SIX MONTHS BEGINNING APRIL 1, THE DIRECTOR OF LANDS, MR JOHN TODD, SAID TODAY (MONDAY).
THIS COMPARES WITH A FIGURE OF 53 SITES FOR THE OCTOBER
MARCH PERIOD.
MR TODD SAID THE SITES IN THE PROVISIONAL LAND SALES FORECAST TOTALLED 17.3 HECTARES, WITH A FURTHER 28 HECTARES AVAILABLE ON THE APPLICATION LIST.
TWO SITES FOR COMMERCIAL AND/OR RESIDENTIAL DEVELOPMENT IN THE URBAN AREA WHICH ARE LIKELY TO BE OF PARTICULAR INTEREST TO DEVELOPERS ARE IN SCIENCE MUSEUM ROAD, TSIM SHA TSUI, AND CANTON ROAD.
BOTH ARE TO BE OFFERED FOR SALE BY TENDER.
THE CANTON ROAD SITE COVERING 2.4 HECTARES IS TO INCLUDE A FERRY TERMINAL COMPLEX IN THE PODIUM WHICH IS TO BE HANDED BACK TO THE GOVERNMENT WHEN COMPLETED.
THREE NEW TOWN CENTRE SITES ARE TO BE OFFERED DURING THE
PERIOD.
THEY ARE AT YUEN LONG, TUEN MUN AND TSUEN WAN, THE LATTER BEING CLOSE TO THE MASS TRANSIT RAILWAY STATION.
ONE UNUSUAL SITE IS FOR A FLOATING RESTAURANT ON THE SHING MUN RIVER AT SHA TIN.
TWO SITES IN THE URBAN AREA REQUIRE THE PURCHASER TO PROVIDE PARKING FACILITIES IN THE DEVELOPMENT.
THEY ARE AT SING WOO ROAD, HAPPY VALLEY, AND KWONG CHEUNG STREET, KOWLOON.
TWO RESIDENTIAL SITES IN TAI PO AND SHA TIN ARE FOR DEVELOPMENT UNDER THE PRIVATE SECTOR PARTICIPATION SCHEME.
THE SHA TIN SITE COVERS ABOUT SEVEN-AND-A-HALF HECTARES
OF THE MA ON SHAN DEVELOPMENT PROJECT.
THEY ARE BOTH FOR SALE BY TENDER,
DUE TO LOW DEMAND FOR INDUSTRIAL SITES ONLY FOUR WILL EE OFFERED FOR SALE DURING THE PERIOD, THREE OF WHICH ARE IN THE URBAN AREA.
/MR TODD
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