MONDAY, FEBRUARY 8, 1988
5
WORK STARTS ON TWO SECONDARY SCHOOLS IN TUEN MUN
TWO
WORK ON THE CONSTRUCTION OF THE SUPERSTRUCTURE OF SECONDARY SCHOOLS FOR TUEN MUN STARTED TODAY (MONDAY) FOLLOWING THE AWARD OF A $29.4 MILLION CONTRACT BY THE ARCHITECTURAL SERVICES DEPARTMENT.
THE SCHOOLS ARE BEING BUILT TO MEET THE GROWING NEEDS OF THE TUEN MUN NEW TOWN.
SITUATED ON A 10,000-SQUARE-METRE SITE NEAR BUTTERFLY ESTATE, EACH SCHOOL WILL HAVE 24 CLASSROOMS, 12 SPECIAL ROOMS, AN ASSEMBLY HALL AND A COVERED PLAYGROUND.
OTHER ANCILLARY FACILITIES INCLUDE STAFF QUARTERS, BASKETBALL COURTS AND CARPARKS.
THE PROJECT WILL BE COMPLETED IN JULY NEXT YEAR.
PRELIMINARY FIGURES FOR PROPERTY REVIEW RELEASED
THE PRELIMINARY FINDINGS IN THE 1988 PROPERTY REVIEW INDICATE THAT VACANCIES ARE DOWN IN ALL SECTORS OF THE PROPERTY MARKET, PARTICULARLY IN THE INDUSTRIAL SECTOR WHERE, AT 1.7 PER CENT OF STOCK, VACANCY WAS AT AN ALL TIME LOW.
THE FINDINGS
VALUATION DEPARTMENT.
WERE RELEASED TODAY (MONDAY) BY THE RATING AND
PRIVATE DOMESTIC (ALL CLASSES Į
SUPPLY IN 1987, AT AROUND 34,400 UNITS WAS NOT SIGNIFICANTLY DIFFERENT FROM THAT IN 1986, BUT 1988 IS EXPECTED TO SHOW AN INCREASE OF APPROXIMATELY 10 PER CENT.
JUST OVER 35,000 DOMESTIC UNITS WERE TAKEN UP DURING 1987, UP 16 PER CENT ON THE TAKE-UP FIGURE FOR 1986. VACANCIES WERE CONSEQUENTLY DOWN ON 1986.
PRIVATE DOMESTIC
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