Revenue
4.03. The total revenue collected compared with 1962-63 was:
1962-63 1963-64 Premia on land sales $191,932,598.95 $181,439,357.35 Premia on land sales credited to Development Loan Fund 26,300,836.39 12,321,408.63 Permit Fees 7,113,763.51 7,209,312.04 Rental from annual and monthly tenancies 2,168,064.03 2,807,589.50 Boundary stones and survey fees 68,240.86 111,473.90 Plans and aerial photos sold to the public ... 19,164.47 105,693.36 $227,602,668.21 $203,994,834.784.04. From the foregoing and the following pages, it will be apparent that whilst the output of the office has again increased in terms of cases completed, overall revenue derived decreased by about 10% compared with the previous year due to less land being available for submission to auction.
CROWN LANDS DIVISION
Auction Sales
4.05. The sale of Crown Land by Public Auction, following programmes published at three-monthly intervals, decreased slightly in number, 252 lots being sold compared with the previous year's total of 257, but as more smaller lots were offered the main decrease was in total area; however owing to the rise in value, the trend is not apparent from statistics.
4.06. Industrial. 133 lots were sold, of which 80 were at Kwun Tong. There was continued demand for these lots and during the latter part of the year there was a sudden and marked rise in the prices obtained for industrial land. It was difficult to attribute this rise to any particular factor and it remained to be seen whether this level of prices would be maintained.
4.07. Non-industrial. 119 lots were sold. The main competition was in respect of lots suitable for commercial and high-density residential development, the highest price realized during the year being $328 per square foot for a lot in the Kowloon City area not far from the Air-
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Revenue
4.03. The total revenue collected compared with 1962-63 was:
Premia on land sales
1962-63
$191,932,598.95
1963-64 $181,439,357.35
Premia on land sales credited
to Development Loan Fund
26,300,836.39
12,321,408.63
Permit Fees
7,113,763.51
7,209,312.04
Rental from annual and
monthly tenancies
2,168,064.03
2,807,589.50
Boundary stones and survey
fees
68,240.86
111,473.90
Plans and aerial photos sold
to the public
...
19,164.47
105,693.36
$227,602,668.21
$203,994,834.78
4.04. From the foregoing and the following pages, it will be apparent that whilst the output of the office has again increased in terms of cases completed, overall revenue derived decreased by about 10% compared with the previous year due to less land being available for submission to auction.
CROWN LANDS DIVISION
Auction Sales
4.05. The sale of Crown Land by Public Auction, following pro- grammes published at three-monthly intervals, decreased slightly in number, 252 lots being sold compared with the previous year's total of 257, but as more smaller lots were offered the main decrease was in total area; however owing to the rise in value, the trend is not apparent from statistics.
4.06. Industrial. 133 lots were sold, of which 80 were at Kwun Tong. There was continued demand for these lots and during the latter part of the year there was a sudden and marked rise in the prices obtained for industrial land. It was difficult to attribute this rise to any particular factor and it remained to be seen whether this level of prices would be maintained.
4.07. Non-industrial. 119 lots were sold. The main competition was in respect of lots suitable for commercial and high-density residential development, the highest price realized during the year being $328 per square foot for a lot in the Kowloon City area not far from the Air-
25
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