XN000022-1988-03-24 — Page 13

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THURSDAY, MARCH 24, 1988

"I DO THINK WE'VE GOT A TREMENDOUS AMOUNT TO BE PROUD OF IN OUR HOUSING HERE, WITH AN OLD PEOPLE'S HOME AND A MARVELOUS SHOPPING CENTRE WHICH IS DOING WELL ALREADY, HE SAID.

"IT'S A GOOD EXAMPLE OF EVERYTHING THAT THE HOUSING AUTHORITY IS DOING AND I THINK WE ALL SHOULD BE VERY PROUD OF IT," HE ADDED.

IN REPLY TO A QUESTION ON HIS FORTHCOMING VISIT ΤΟ ENGLAND, SIR DAVID SAID IT WAS MAINLY A PRIVATE VISIT.

BUT I'M TAKING THE OPPORTUNITY WHILE I'M IN LONDON TO FEW PEOPLE AT THE FOREIGN AND COMMONWEALTH OFFICE WHILE I'M THAT'S ABSOLUTELY STANDARD.

MEET

A

THERE,

"I DON'T THINK ANY OF US CAN EVER GO TO LONDON WITHOUT IN A BIT OF WORK INTO THE VISIT,' HE ADDED.

H

FITTING

ASKED WHETHER HE WOULD BE DISCUSSING THE DEFENCE COSTS AGREEMENT, SIR DAVID SAID: "I DON'T THINK I SHALL BE DISCUSSING DEFENCE COSTS AGREEMENT. THAT'S REALLY THE FINANCIAL SECRETARY'S SIDE OF THE HOUSE."

SALE OF FOUR LOTS FETCHES $273.5 MILLION

A TOTAL PREMIUM OF $273.5 MILLION LAND AUCTION OF THIS FINANCIAL YEAR HELD TODAY (THURSDAY).

THE LOTS INCLUDE THREE FOR INDUSTRIAL AND/OR GODOWN PURPOSES.

PRIVATE

WAS

IN

REALISED THE CITY

IN THE HALL

LAST THEATRE

RESIDENTIAL AND

ONE FOR

ONE OF THE PRIVATE RESIDENTIAL LOTS IS LOCATED IN TUEN MUN NEW TOWN.

AREA 44

IN

AND

THE SITE WAS BOUGHT BY

BIDDING OPENED AT $140 MILLION PRESTIGE DEVELOPMENT LIMITED FOR $213 MILLION.

28

HAS

ΤΟ

SQUARE METRES

ON

THE BUILDING ACCORDING TO

COVENANT, THE PURCHASER DEVELOP A GROSS FLOOR AREA OF NOT LESS THAN 24,000 THIS 13,200-SQUARE-METRE SITE BEFORE MARCH 31, 1992.

AN AREA OF ABOUT

WITH THE SECOND PRIVATE RESIDENTIAL SITE, 7,181 SQUARE METRES, IS LOCATED IN AREA 41A IN SHA TIN,

BIDDING STARTED AT $12 MILLION AND THE SITE WAS BOUGHT BY BEST HEALTH HOLDINGS DEVELOPMENT LIMITED FOR $21.5 MILLION.

THE DEVELOPER .....