XN000022-1994-11-15 — Page 5

TUESDAY, NOVEMBER 15, 1994

LAND REGISTRY REGISTERS 7,650 AGREEMENTS IN OCTOBER

*

*

THE LAND REGISTRY REGISTERED LAST MONTH (OCTOBER) AND PURCHASE AGREEMENTS FOR BUILDING UNITS, WHICH INCLUDE AND NON-RESIDENTIAL PROPERTIES.

7,650 SALE RESIDENTIAL

IN SEPTEMBER,

THE FIGURE IS ALMOST THE SAME AS THAT RECORDED AND AN INCREASE OF 7.2 PER CENT OVER THAT OF OCTOBER LAST YEAR.

OF THE AGREEMENTS IN

IS

THE MONTH THE TOTAL CONSIDERATION $23.36 BILLION, UP 0.7 PER CENT AND 30.5 PER CENT COMPARED WITH THOSE FOR SEPTEMBER 1994 AND OCTOBER 1993 RESPECTIVELY.

URBAN AND

RELEASED TO PROPERTY NEW

THE FIGURES ARE CONTAINED IN THE MONTHLY STATISTICS TODAY (TUESDAY) BY THE LAND REGISTRY ON DEEDS RELATING

FOR RECEIVED

REGISTRATION TRANSACTIONS TERRITORIES LAND REGISTRIES LAST MONTH.

FIGURES ON SALE

IN

THE

RELEVANT STATISTICS FOR SEPTEMBER 1994 AND OCTOBER AND PURCHASE PROVIDED FOR COMPARISON. RECEIVED FOR THE PAST 12 MONTHS AND THE YEAR-ON-YEAR RATE WERE ALSO RELEASED.

1993 WERE AGREEMENTS

OF

CHANGE

TRANSACTIONS

REGISTRATION

LAND THE OCTOBER STATISTICS GENERALLY RELATE TO EXECUTED UP TO FOUR WEEKS PRIOR TO THEIR SUBMISSION FOR BECAUSE THERE IS USUALLY A TIME LAG BETWEEN THE EXECUTION OF DEEDS AND SUBMISSION FOR REGISTRATION,

TAC WORKING GROUP ENDORSES FREIGHT TRANSFORT STUDY

THE

TRANSPORT

* * * * *

ADVISORY

COMMITTEE

(TAC)

TODAY

(TUESDAY)

TO EXAMINE IN DISCUSSED THE FINDINGS OF A WORKING GROUP IT SET UP DETAIL THE MAIN ISSUES AND RECOMMENDATIONS OF THE GOVERNMENT'S FREIGHT TRANSPORT STUDY.

ENDORSED THE FINAL REPORT IMPROVING THE

MEMBERS NOTED THAT THE WORKING GROUP OF THE STUDY WHICH BROADLY ACHIEVED THE OBJECTIVES OF EFFICIENCY OF THE FREIGHT INDUSTRY AND REDUCING THE IMPACT OF GOODS VEHICLE OPERATION IN HONG KONG,

IMPROVE THE FINAL REPORT SETS OUT 28 RECOMMENDATIONS TO

WHICH ITSELF IS EFFICIENCY AND OPERATION OF THE INDUSTRY CONSULTED BEFORE A FREIGHT TRANSPORT STRATEGY IS MAPPED OUT.

THE BEING

IN

THE TAC WORKING GROUP SUPPORTED MOST OF THE RECOMMENDATIONS

POSSIBLE MEASURES SHOULD ALSO THE STUDY, BUT FELT THAT THE FOLLOWING BE EXPLORED:

ENCOURAGEMENT OF A TWO-WAY BOOKING SYSTEM FOR THE COLLECTION THE NUMBER OF EMPTY AND DELIVERY OF CONTAINERS TO REDUCE CONTAINER VEHICLE TRIPS INTO AND OUT OF THE CONTAINER PORT.

MORE FLEXIBLE