XN000022-1985-10-25 — Page 8

FRIDAY, OCTOBER 25, 1985

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SITES TO BE OFFERED IN THE NEW TOWNS INCLUDE EIGHT IN YUEN LONG, FIVE IN TSUEN WAN, THREE EACH IN SHA TIN AND TUEN MUN, TWO IN TAI PO AND ONE EACH IN FANLING AND SAI KUNG.

TWO SITES IN THE URBAN AREA AND ONE IN TUEN MUN WILL BE SOLD BY TENDER WITH A REQUIREMENT THAT THE PURCHASER PROVIDES PUBLIC PARK ING FACILITIES IN THE DEVELOPMENT.

TO REFLECT A MORE ACTIVE INTEREST IN SITES FOR INDUSTRIAL LAND, MR SCOTT-WILL SAID, NINE SITES WILL BE OFFERED FOR THIS PURPOSE INCLUDING SITES MADE AVAILABLE IN RESPONSE TO SPECIFIC APPLICATIONS.

THE LETTER B TENDER SALES PROGRAMME WILL INCLUDE TWO SITES FOR COMMERCIAL-RESIDENTIAL REDEVELOPMENT IN SHA TIN AND HOI PA, TSUEN WAN. THESE SITES ARE EACH EXPECTED. TO ATTRACT A NUMBER OF TENDERS FROM HOLDERS OF LAND EXCHANGE ENTITLEMENTS (LETTER 9).

IN LINE WITH GOVERNMENT'S INTENTION TO REDEEM THE OUTSTANDING LETTER B COMMITMENT, AUCTION AND CASH TENDER SA OF SITES IN THE NEW TERRITORIES WILL BE ELIGIBLE FOR PAYMEN BY MONETISED LETTER B IN LIEU OF CASH.

MR SCOTT-WILL STRESSED THAT THE SALES PROGRAMME WAS PROVISIONAL AND SUBJECT TO CHANGE. SALE DETAILS WOULD BE PUBLISHED IN THE GOVERNMENT GAZETTE AND MAJOR NEWSPAPERS IN THE USUAL WAY.

COPIES OF THE LAND SALES FORECAST MAY BE OBTAINED FROM THE LANDS DEPARTMENT HEADQUARTERS, MURRAY BUILDING, THIRD FLOOR, GARDEN ROAD, HONG KONG OR AT ANY OF THE DISTRICT LAND OFFICES THROUGHOUT THE TERRITORY. PLANS SHOWING THE LOCATION OF THE VAR IOUS LOTS WILL ALSO BE AVAILABLE FOR INSPECTION AT THESE OFFICES SHORTLY.

TWO SITES OFFERED ***

TWO LOTS OF GOVERNMENT LAND ARE TO BE PUT ON SALE BY THE LANDS DEPARTMENT AT AN AUCTION IN THE CITY HALL THEATRE ON NOVEMBER 19 AT 2.30 PM.

THE FIRST LOT, A 1 400-SQUARE-METRE SITE AT KA YIP STREET, CHAI WAN, IS FOR INDUSTRIAL AND/OR GODOWN PURPOSES (EXCLUDING OFFENSIVE TRADE).

THE DEVELOPER OF THE SITE IS REQUIRED TO FINISH NOT LESS THAN 10 000 SQUARE METRES OF THE GROSS FLOOR AREA ON OR BEFORE DECEMBER 31, 1989.

THE SECOND LOT, AT WATERLOO ROAD, KOWLOON, IS RESTRICTED TO PRIVATE RESIDENTIAL DEVELOPMENT.

UNDER THE SALE CONDITIONS, THE DEVELOPER HAS TO COMPLETE NOT LESS THAN 4 400 SQUARE METRES OF THE GROSS FLOOR AREA ON THE 1 635-SQUARE-METRE SITE ON OR BEFORE JUME 20, 1932.

/ PARTICOLARI.