CHIU
LUNG
STREET
QUEEN'S
FOOT
PATH
ROAD,
Messrs. Kwong Hing Investment Co., Ltd., are responsible for the de- velopment. It was revealed during the exemption proceedings that they had agreed with the owners to pay off the existing mortgage, defray the costs of the exemption proceed- vi ings, and provide the capital for the new project. In return, they would collect all rentals from the new building for a period of seventeen years and pay the owners $6,000 per month. On the expiration of this period, the property will be returned to the original owners without fur- ther compensation being paid by either party.
The architect is Mr. G. D. Su.
SHO P
TON.
LOBBY
SHOP
YARD
LAV.
M. L. 6 2
Ground floor plan
Continued from Page 40
CO-OPERATIVE HOUSING SCHEME AT BELCHER'S BATTERY
ground floor flats each possess a good sized in the adjacent ground areas for the scheme is estimated to be in the neigh- open yard. These flats have a floor area smaller houses. of about 840 square feet.
The realization of the scheme has invol- In planning this development, one of the ved a large amount of work in the forma- most important considerations has been 10 tion of the site and the construction of provide playground facilities for dwellers retaining and toe walls to form the ter- on each terrace, wherever the topography
races. Much cutting has had to be done allows. Large areas have been devoted to this purpose in the case of the better
in order to get the formation levels, but houses; other terraces have been provided this was unavoidable if the site was to be with similar, but more modest, facilities developed fully. The cost of the entire
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bourhood of $6,000,000. The architect is Mr. W. Szeto, A.M.I.C.E.
Site Formation Contractors: Yeung Fat
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Contractors for 'Type A' Flats: Win-
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Contractors for Type B' Flats: Isin
Heng Construction Co.
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