XN000022-1988-03-24 — Page 14

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THURSDAY, MARCH 24, 1988

THE DEVELOPER IS REQUIRED TO COMPLETE A GROSS FLOOR AREA OF LEAST 1,524 SQUARE METRES ON THE SITE BEFORE MARCH 31, 1992.

AT

TO

THE LAST SITE FOR THE SAME PURPOSE IS IN SHA HA IN SAI KUNG.

WITH AN AREA OF ABOUT 2,601 SQUARE METRES, THE BUYER HAS COMPLETE AT LEAST 937 SQUARE METRES OF GROSS FLOOR AREA ON THE SITE BEFORE MARCH 31, 1991.

BIDDING OPENED AT $6 MILLION AND THE SITE WAS SOLD TO BEAUTY PALACE COMPANY LIMITED FOR $11.5 MILLION.

THE INDUSTRIAL SITE IS LOCATED IN AREA

25, ON LOK

TSUEN - IN

FANLING.

IT MEASURES ABOUT 3,372 SQUARE METRES AND IS FOR INDUSTRIAL AND/OR GODOWN PURPOSES, BUT EXCLUDING OFFENSIVE TRADE.

BIDDING STARTED AT $20 MILLION AND THE SITE WAS SOLD TO AMPERE INDUSTRIAL LIMITED FOR $27.5 MILLION.

THE DEVELOPER 19 REQUIRED TO COMPLETE NOT LESS THAN 10,116 SQUARE METRES OF GROSS FLOOR AREA ON THE SITE BEFORE MARCH 31, 1992.

TODAY'S AUCTION WAS CONDUCTED BY A GOVERNMENT THE BUILDINGS AND LANDS DEPARTMENT, MR ROGER NISSIM.

LAND AGENT OF

OBJECTION PERIOD FOR NEW RATEABLE VALUES ENDS SOON

RATEPAYERS ARE REMINDED THAT THEY MUST SERVE A PROPOSAL ON THE COMMISSIONER OF RATING AND VALUATION ON OR BEFORE THURSDAY, MARCH 31, IF THEY WISH TO OBJECT TO THE NEW RATEABLE VALUE OF THEIR PROPERTIES FOR THE YEAR COMMENCING APRIL 1. A SPOKESMAN FOR THE RATING AND VALUATION DEPARTMENT SAID TODAY (THURSDAY).

MONTH.

THEY HAVE BEEN NOTIFIED OF THE NEW RATEABLE VALUE EARLY THIS

THE PROPOSAL SHOULD BE MADE ON FORM R. 20A AND BE DELIVERED BY HAND OR BY POST TO THE DEPARTMENT AT HENNESSY CENTRE, 17TH FLOOR, 500 HENNESSY ROAD, CAUSEWAY BAY. IT SHOULD REACH THE OFFICE BY MARCH 31.

OFFICE.

THE FORMS ARE AVAILABLE FROM THE

DEPARTMENT OR ANY DISTRICT

THE SPOKESMAN