Committee
Six Colony Outline Planning Working
Committees
Resettlement Programme Committee Government Low Cost Housing
Programme Committee
Working Party on Questions for 1970
Census of buildings and establishments and 1971 Census of Population
Standing Committee on Road Use Inter-departmental Committee on the Environment and Development of Resettlement and Low Cost Housing Estates
Advisory Committees on Recreational
Development and Nature Conservation
Land and Engineering Survey Board
Building Construction and Civil
Engineering Metrication Sub-committee
Representative(s)
Government Town Planner
Senior Planning Officer (Colony Outline Planning Division) Chief Planning Officer Chief Planning Officer
Senior Planning Officer (Colony Outline Planning Division)
Chief Planning Officer District Planning Officers
Senior Planning Officer (New
Territories)
Government Land Surveyor
(Chairman)
Government Land Surveyor
General
LAND BRANCH
Government Land Agent:
I. L. STANTON, F.R.I.C.S.
J. P. POTTER, A.R.I.C.S., A.A.I. (Acting)
7.03. Boom conditions in the property market continued and prices realized at public auction were close to and in some cases exceeded 1964 levels. The total revenue from sale of Crown land by public auction or tender amounted to $150 million, an increase of $82 million over the previous year. The most noteworthy sale of the year was of a lot (Inland Lot No. 8225) having an area of about 52,000 square feet situated on the Central Reclamation in front of Union House and the Mandarin Hotel. The lot was bought by a leading land Investment Company at a price of $258 million, equivalent to $4,868 per square foot. In considering this figure account should be taken of the terms of sale which allowed payment of the sale price by instalments free of interest over a period of 10 years. The purchasers propose to erect a 52-storey commercial office building on the lot and by the end of the year foundation work was already well advanced. In association with
82
1
Committee
Six Colony Outline Planning Working
Committees
Resettlement Programme Committee Government Low Cost Housing
Programme Committee
Working Party on Questions for 1970
Census of buildings and establishments and 1971 Census of Population
Standing Committee on Road Use Inter-departmental Committee on the Environment and Development of Resettlement and Low Cost Housing Estates
Advisory Committees on Recreational
Development and Nature Conservation
Land and Engineering Survey Board
Building Construction and Civil
Engineering Metrication Sub-committee
Representative(s)
Government Town Planner
Senior Planning Officer (Colony Outline Planning Division) Chief Planning Officer Chief Planning Officer
Senior Planning Officer (Colony Outline Planning Division)
Chief Planning Officer District Planning Officers
Senior Planning Officer (New
Territories)
Government Land Surveyor
(Chairman)
Government Land Surveyor
General
LAND BRANCH
Government Land Agent:
I. L. STANTON, F.R.I.C.S.
J. P. POTTER, A.R.I.C.S., A.A.I. (Acting)
7.03. Boom conditions in the property market continued and prices realized at public auction were close to and in some cases exceeded 1964 levels. The total revenue from sale of Crown land by public auction or tender amounted to $150 million, an increase of $82 million over the previous year. The most noteworthy sale of the year was of a lot (Inland Lot No. 8225) having an area of about 52,000 square feet situated on the Central Reclamation in front of Union House and the Mandarin Hotel. The lot was bought by a leading land Investment Company at a price of $258 million, equivalent to $4,868 per square foot. In considering this figure account should be taken of the terms of sale which allowed payment of the sale price by instalments free of interest over a period of 10 years. The purchasers propose to erect a 52-storey commercial office building on the lot and by the end of the year foundation work was already well advanced. In association with
82
1
No comments yet.
Private notes are available after approval.