TNAG-0453-FCO40-518-Budget-of-Hong-Kong-1974-1975-1975 — Page 110

Chapter 4

Building and Construction and Private Sector Rents

Building and Construction Activity

(a) Building Plans

56. All private building plans must be submitted to the Public Works Department and approval to them and consent for com- mencement obtained before building work can begin. The numbers of new building plans submitted and approved in the years 1968 to 1972, and in the first nine months of 1973, are shown in Table 18 from which it is possible to obtain an idea of how the level of activity in the building and construction industry has been changing over time.

57. The figures for submissions and approv- als in any one year cannot be compared directly, but approval is granted in respect of a very high proportion of plans submitted. Activity in the building and construction

New Building Plans Submitted and

Approved, 1968-1973

Table 18

1968

(Number)

Submitted

Approved

364

309

1969

786

730

1970

1,087

978

1971

1,009

1,067

1972

1,073

777

1973*

939

919

1973 Quarter I

371

175

II

321

365

III

247

379

* first nine months.

Cost and Usable Floor Area of Completed Buildings Certified for Occupation, 1968–1973

Table 19

Total declared

cost

Domestic (Thousand

Usable floor area

Total

Non-domestic

(HK$ million)

(Thousand

square feet)

square feet)

(Thousand square feet)

1968

502

5,302

6,261

11,563

1969

286

3,410

6,046

9,456

1970

517

6,092

9,709

15,801

1971

881

7,153

13,057

20,210

1972

1,252

10,138

13,239

23,377

1973*

1,139

8,073

8,732

16,805

1973 Quarter I

306

2,786

2,496

5,282

II

509

3,080

3,850

6,930

III

324

2,207

2,386

4,593

* first nine months.

The figures in this Table do not refer to the New Territories.

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