TNAG-1762-FCO40-2516-Economic-situation-in-Hong-Kong-1988 — Page 29

CONFIDENTIAL #

Table 5

Private sector building projects with

consent to commence work

1 9 8 7

1 9 8 8

1986

1987

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q1-Q

Industrial

1 043

1 037

164

396

204

274

223

275

289

787

property

('000 m2)

(20)

(-1)

(-33)

(89)

(-25) (-14)

(36)

(-30)

(42)

(3:

Commercial

653

363

121

109

66

67

167

116

142

424

property

('000 m2)

(204) (-44)

(12)

(-25)

(-61) (-71)

(38)

(6)

(116)

(43)

Residential

property

In terms 35 374 37 923 of units

7 895

7 410 9 380

13 238 6 698

14 817 14 840

36 355

(-10)

(7)

(-1)

(-6)

(58)

(-3)

(-15)

(100)

(58)

(47)

In terms of 1 420

1 574

304

316

428

526

244

508

566

1 317

floor area

('000 m2)

(5)

(11)

(-3)

(-2)

(87)

(-6)

(-20)

(60)

(32)

(26)

Others

273

803

76

293

160

273

32

82

37

151

('000 m2)

(67)

(194)

(47)

(324)

(56)

(450)

(-58)

(-72)

(-77)

(~72)

All types of

3 389

3 777

666

1 115

857

1 139

666

980 1 033

2 680

property

('000 m2)

(31)

(11)

(-7) (49) (11)

(-2)

(0)

(-12)

(21)

(2)

G.F. 326

Note :

Figures in brackets represent percentage changes over the same period in the preceding year.

Source: Buildings Ordinance Office

11

CONFIDENTIAL # 3