XN000022-1984-06-29 — Page 5

FRIDAY, JUNE 29, 1984

VALUABLE TSIM SHA TSUI EAST SITE FOR AUCTION

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THE FIRST MAJOR SITE IN THE URBAN AREA FOR WHICH PREMIUM MAY BE PAID IN THE FORM OF MONETISED LAND EXCHANGE ENTITLEMENTS (LETTERS A/B), WILL BE OFFERED FOR SALE BY AUCTION NEXT MONTH.

THE SITE, AT SCIENCE MUSEUM ROAD IN TSIM SHA TSUI EAST, WAS DESCRIBED BY A LANDS DEPARTMENT SPOKESMAN AS +MOST VALUABLE+ AND COMPETITIVE BIDDING WAS EXPECTED.

IT MEASURES 5 067 SQUARE METRES AND IS ONE OF ONLY TWO SITES REMAINING FOR DEVELOPMENT IN THE POPULAR TSIM SHA TSUI EAST SHOPPING DISTRICT.

THE SITE, ON WHICH THERE IS A BUILDING HEIGHT RESTRICTION OF 51.82 METRES, IS FOR NON-INDUSTRIAL DEVELOPMENT WHICH MAY INCLUDE A HOTEL.

THE PURCHASER WILL BE REQUIRED TO FULFIL-A BUILDING COVENANT OF AT LEAST $130 MILLION BEFORE SEPTEMBER 30, 1988.

THE AUCTION WILL TAKE PLACE IN THE SHOUSON THEATRE OF THE HONG KONG ARTS CENTRE ON JULY 30 AT 2.30 PM.

PARTICULARS AND SALES CONDITIONS ARE AVAILABLE AT:

* LANDS DEPARTMENT, MURRAY BUILDING, 5TH FLOOR, GARDEN ROAD,

HONG KONG

* DISTRICT LANDS OFFICES, KOWLOON EAST AND WEST), YAU MA TEI

CAR PARK BUILDING, 10TH FLOOR, 250 SHANGHAI STREET, KOWLOON; AND

* THE DISTRICT LANDS OFFICES OF SHA TIN, TUEN MUN, YUEN LONG,

TSUEN WAN, TAI PO, NORTH, SAI KUNG, AND ISLANDS.

THE SALES PLAN CAN ALSO BE INSPECTED AT THE SAME PLACES.

BRIDGE OVER SHENZHEN RIVER AT LOK MA CHAU *****

THE SOUTHERN SECTION OF A BRIDGE FORMING PART OF A PROPOSED VEHICULAR BORDER LINK AT LOK MA CHAU, WILL BE BUILT ACROSS THE SHENZHEN RIVER.

IT WILL CONSIST OF TWO ADJOINING CANTILEVER BRIDGES, ONE FOR EACH DIRECTION OF TRAFFIC FLOW, AND EACH ABOUT 13 METRES WIDE TO ACCOMMODATE TWO TRAFFIC LANES.

THE NORTHERN SECTION WILL BE BUILT BY SHENZHEN AUTHORITIES.

DRK IS EXPECTED TO START TOWARDS THE END OF THIS YEAR AND BE COMPLETED IN TWO YEARS.

/THE BORDER