Short-term Tenancies
5.25. About $5.6 million was received from this form of tenure, double that for the previous year. The total revenue from this form of tenure, together with that for permits, was therefore raised by a total of about $1 million over last year's figure.
Land Transactions
5.26. The following is a summary of the various categories of land transactions which were completed, giving a total of 908 cases as against 934 in the previous year:
Hong Kong Kowloon Kowloon (Including Kwun Tong) Total (1) Land Sale by auction and tender 15 28 96 139 (2) Private Treaty Grants 13 10 18 41 (3) Exchanges & Extensions 41 17 13 71 (4) Modifications 25 22 19 66 (5) Modification of Building Covenant 49 29 264 342 (6) Regrants of 75-year non-renewable leases 3 ... 168 171 (7) Leases on annual rental 19 10 49 78Revenue
5.27. Details of the premia derived compared with the previous year are given in Appendix J.
Premia received since 1851
5.28. The following is the table of premia received from Sales of Crown Land in the Colony (including the New Territories) from 1851 to the present:
Period Total 1851-1860 $262,839.00 1861-1870 ... 1871-1880 $477,908.14 1881-1890 $125,097.53 1891-1900 $856,160.12 1901-1910 $2,501,053.65 1911-1920 $2,839,324.49 1921-1930 $2,715,724.38 1931-1941 (25th December) $17,053,140.35 1946-1947 ... 1947-1948 $12,936,727.68 ... $180,367.80 ... $9,104,861.33 ... $55Short-term Tenancies
5.25. About $5.6. million was received from this form of tenure, double that for the previous year. The total revenue from this form of tenure, together with that for permits, was therefore raised by a total of about $1 million over last year's figure.
Land Transactions
5.26. The following is a summary of the various categories of land transactions which were completed, giving a total of 908 cases as against 934 in the previous year:
New
Hong
Kowloon
Kowloon
Total
Kong
(Including
Kwun Tong)
(1) Land Sale by auction and tender
15
28
96
139
(2) Private Treaty Grants
13
10
18
41
...
(3) Exchanges & Extensions
41
17
13
71
(4) Modifications
25
22
19
66
(5) Modification of Building Covenant (6) Regrants of 75-year non-renewable
49
29
264
342
leases
3
168
171
...
19
10
49
78
(7) Leases on annual rental
Revenue
5.27. Details of the premia derived compared with the previous year are given in Appendix J.
Premia received since 1851
5.28. The following is the table of premia received from Sales of Crown Land in the Colony (including the New Territories) from 1851 to the present:
Period
1851-1860
1961-1870
1871-1880
1881-1890
1891-1900
...
•
1901-1910
1911-1920
1921-1930
1931-1941 (25th December)
1946-1947
1947-1948
...
...
55
Total
CA
$
262,839.00
477,908.14
+
•
125,097.53
856,160.12
2,501,053.65
2,839,324.49
2,715,724.38
17,053,140.35
...
12,936,727.68
180,367.80 9,104,861.33
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