ཟ
TUESDAY, DECEMBER 15, 1992
7
TWO LOTS OF GOVT LAND FETCH $148 MILLION
*
TWO LOTS OF GOVERNMENT LAND WERE MILLION IN A PUBLIC AUCTION BY THIS (TUESDAY) AFTERNOON.
SOLD FOR THE BUILDINGS
AND
A TOTAL OF $148 LANDS DEPARTMENT
THE FIRST
LOT IS
LOCATED
IN AREA
30A,
SHEUNG SHUI, NEW
TERRITORIES.
IT WAS BOUGHT BY SHELL FAIR REALTY LTD BIDDING OPENING AT $88 MILLION.
AT $109 MILLION WITH
WITH AN
AREA
OF ABOUT
5,871
IS
SQUARE INTENDED FOR INDUSTRIAL AND/OR GODOWN PURPOSES FOR DANGEROUS GOODS),
ACCORDING TO
THE
BUILDING
COVENANT,
METRES, (EXCLUDING
THE
THE SITE
ANY GODOWN
то DEVELOPER HAS
METRES ON
COMPLETE A GROSS FLOOR AREA OF NOT LESS THAN 17,613 SQUARE OR BEFORE DECEMBER 31, 1996.
THE SECOND LOT IS LOCATED AT YIP CHEONG STREET, FANLING, NEW TERRITORIES. IT WAS SOLD TO STARISE LTD AT BIDDING OPENED AT $33 MILLION.
AREA OF ABOUT
2,935
THE LOT HAS AN EARMARKED FOR INDUSTRIAL AND/OR GODOWN PURPOSES TRADE AND ANY GODOWN FOR DANGEROUS GOODS),
SQUARE
ON LOK TSUEN
MILLION. $39
METRES AND IS (EXCLUDING OFFENSIVE
THAT THE DEVELOPER HAS ΤΟ THE BUILDING COVENANT STIPULATES COMPLETE A GROSS FLOOR AREA OF NOT LESS THAN 7,290 SQUARE METRES ON OR BEFORE DECEMBER 31, 1996.
METRES OF
OF THE GROSS FLOOR AREA, NOT LESS THAN 2,430 SQUARE GROSS FLOOR AREA BUILT SHALL BE USED AS MOTOR VEHICLE REPAIR WORKSHOP.
THE AUCTION WAS HELD IN
THE THEATRE OF THE CITY HALL AND CONDUCTED BY GOVERNMENT LAND AGENT, MR ROGER NISSIM.
HK CONTRIBUTES TO CHINA'S ECONOMIC DEVELOPMENT
AND TOWARDS
RELATIONSHIP BETWEEN HONG KONG THE VERY CLOSE ECONOMIC CHINA HAS PLACED HONG KONG IN A UNIQUE POSITION TO CONTRIBUTE CHINA'S ECONOMIC DEVELOPMENT WHILE FURTHERING ITS OWN.
MR THIS WAS STATED BY THE DEPUTY DIRECTOR-GENERAL OF INDUSTRY,
PROMOTION SEMINAR IN OSAKA RICKY FUNG, AT AN INDUSTRIAL INVESTMENT THIS (TUESDAY) AFTERNOON.
SOURCE OF AND TRANSFORMATION
MR FUNG SAID THE OPENING OF CHINA AS A MARKET AND A LABOUR AND LAND FACILITATED THE FURTHER UPGRADING OF HONG KONG'S OWN ECONOMY.
/"OUTWARD PROCESSING
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