XN000022-1986-01-14 — Page 16

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TUESDAY, JANUARY 14, 1986

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THE SALE BY PUBLIC TENDER OF A 7.292-HECTARE SITE IN AREA 75, SHA TIN TO WILLOWGARTH COMPANY LIMITED AT A PREMIUM OF $300 300 300 FOR DEVELOPMENT UNDER THE HOME OWNERSHIP (PRIVATE SECTOR PARTICIPATION) SCHEME.

THE SALE BY PUBLIC AUCTION OF A 1.069-HECTARE SITE AT QUEENSWAY TO KORNHILL DEVELOPMENT LIMITED AT A PREMIUM OF $703 000 000 FOR NON-INDUSTRIAL PURPOSES. THE GRANT OF A 11.448-HECTARE SITE AT YAU YAT CHUEN TO CITY POLYTECHNIC OF HONG KONG AT NIL PREMIUM FOR THE PURPOSES OF A POLYTECHNIC.

THE GRANT OF A 6.663-HECTARE SITE AT TSING YI AT NIL PREMIUM TO THE HONG KONG HOUSING AUTHORITY FOR DEVELOPMENT UNDER THE HOME OWNERSHIP SCHEME.

THE GRANT OF A 69.391-HECTARE SITE AT TAP SHEK KOK, TUEN MUN, TO KOWLOON ELECTRICITY SUPPLY COMPANY LIMITED AT A PREMIUM OF $89 552 000 FOR THE PURPOSES OF AN ELECTRICITY GENERATING STATION AND BULK OIL, COAL AND PULVERISED FLY ASH STORAGE.

(8) THE GRANT OF A 2.434-HECTARE SITE AT CHEUNG SHA

WAN TO CHINA RESOURCES (HOLDINGS) COMPANY LIMITED AT A PREMIUM OF $64 000 000 FOR THE PURPOSES OF A CARGO HANDLING PIER AND GODOWN FACILITIES.

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THE SALE BY PUBLIC AUCTION OF A 0.6449-HECTARE SITE AT CANTON ROAD TO SCILLA LIMITED AT A PREMIUM OF $636 000 000 FOR NON-INDUSTRIAL PURPOSES.

DURING THE SAME PERIOD, SURRENDERS AND RESUMPTIONS OF LAND DROPPED BY 30.3 PER CENT FROM 188 TO 131, WITH THE AMOUNT OF COMPENSATION DECREASING BY 66.1 PER CENT FROM $148.5 MILLION TO $50.3 MILLION.

MR GLEESON SAID THE LAND OFFICE IN CENTRAL WOULD MOVE TO THE NEW GOVERNMENT OFFICES IN QUEENSWAY IN THE SECOND HALF OF 1986.

+AS SOON AS POSSIBLE THEREAFTER COMPUTERISATION OF LAND OFFICE RECORDS WOULD COMMENCE AND FULL CONVERSION IS EXPECTED TO BE COMPLETED DURING THE SECOND HALF OF 1988, + HE SAID.

OF THE EIGHT NEW TERRITORIES DISTRICT LAND REGISTRIES, FIVE HAVE NOW BEEN TAKEN OVER BY THE REGISTRAR GENERAL'S DEPARTMENT, IT IS INTENDED THAT THE DEPARTMENT WILL TAKE OVER THE REMAINDER BY STAGES, MR GLEESON SAID.