Other Housing Statistics

- Disposals Of Government Land


Disposals of Government Land
(B) In New Territories
  1980 1981 1982 1983 1984 1985 1986 1987 1988 1989
Public auction/tender                    
Industrial/godown                    
Area (sq. m.) 9102 38,333 83,478 17,532 36,472 16,034 23,775 21,469@ 30,746 35,707
Realized premium($ million) 92.5 305 162.83 26.9 50.1 10.45*
28.6

7.80*

68.4 188.09@ 277.87 654.27
Commercial                    
Area (sq. m.) 800 - 1,956 7,405 - - 15,627 - - -
Realized premium($ million) 5.6 - 8.88 5.38 - - 114.68 - - -
Commercial/Residential                    
Area (sq. m.) 17,551 20,564 2,625 24,407 12,658 10,050 4,574 315 - -
Realized premium($ million) 487 465 19.85 31.98 43.3 71.65 29.2 2.94 - -
Residential                    
Area (sq. m.) 32,853 192,154 72,696 46,501 28,226 136,420 23,450 95,351 94,411 134,276
Realized premium($ million) 69 712.17 33.71 150.1 17.85 104.00* 514.15 175.49 1,233.83 894.15 2,144.24
Other uses                    
Area (sq. m.) - 124,602 19,795 411,190+ 708 1,425 6,591 938 320,244 10,750
Realized premium($ million) - 241.4 62.95 20.67 19.8 0.14 111.2 43.8 4,648.68 141.8
Total                    
Area (sq. m.) 60,306 375,653 180,550 507,035 78,064 163,929 74,017 118,073@ 445,401 180,733
Realized premium($ million) 654.1 1,723.57 288.22 235.03 131.05 114.45* 614.54 7.80* 498.97 1,468.66@ 5,820.7 2,940.31
Letter A/B tender                    
Industrial                    
Area (sq. m.) 51,535 24,575 3,210 - - - 1,685 - - -
Realized premium($ million) 186.02 92.22 13.82 - - - 0.1 
11.90*
- - -
Commercial                    
Area (sq. m.) - 4,270 - 5,005 - - - - - -
Realized premium($ million) - 4.76 - 14.22 - - - - - -
Commercial/Residential                    
Area (sq. m.) 28,220 44,970 31,536 29,323 32,596 - 28,776 35,745 37,672 57,446
Realized premium($ million) 54.55 146.2 90.22 51.84 56.61 15.77* - 70.61 100.58 200.91 478.23
Residential                    
Area (sq. m.) 158,665 33,900 35,745 12,490 33,239 17,580 65,575 32,889 28,144 14,899
Realized premium($ million) 83.12 86.77 17.47 12.04 56.41 34.67* 15.55 14.50* 131.57 28.80* 129.3 122.28 81.87
Other uses                    
Area (sq. m.) - - - 5,219 - - - - - -
Realized premium($ million) - - - 15.98 - - - - - -
Total                    
Area (sq. m.) 238,420 107,715 70,491 52,037 65,835 17,580 96,036 68,634 65,816 72,345
Realized premium($ million) 323.69 329.95 121.51 94.08 113.02 50.44 15.55 14.50* 202.28 229.88 323.19 560.1
Private treaty grant                    
Industrial                    
Area (sq. m.) 2,730 676,600 - - - - - - - -
Residential                    
Area (sq. m.) 12,410 162,930 158,230 84,150 46,429 130,230 34,650 (36,580)# 96,608 145,274 75,098
Public utilities/Institutional uses                    
Area (sq. m.) 82,791 76,685 43,522 35,632 273,333 98,454 18,760 (40,619)# 37,106 27,638 678,007
Other uses                    
Area (sq. m.) 5,250 323,535 59,330 2,097 1,681 1,382,615 167,644 (1,461)# 219,637 - -
Total                    
Area (sq. m.) 103,181 1,239,750 261,082 121,879 321,443 1,611,299 221,054 (78,660)# 353,351 172,912 753,105

Notes:
* Figures indicate payments made in Monetized Letter B, i.e. Revenue foregone.

# Figures in blankets denote the new series of 'private treaty grant' statistics which have been adopted since 1986. Figures for the new series are on 'Agreement' basis, i.e. land disposal based on the date on which the offer of a grant of land by Government is accepted by the grantee; whereas those for the old series refer to the 'Approval' basis, i.e. land disposal based on the date on which a grant is approved by Executive Council or its delegated function. To facilitate comparison with past data, the old series will be published in parallel with the new series in 1986 after which it will be discontinued.

+ Figures includes 210000 square metres of sea area.

@ Figures include the sale of FSS TL 17 (Area 3372m2 @ a premium of $28M) which was cancelled on 10.11.87 due to non-payment of balance of premium ($27M).
 

 

Source:

Hong Kong Government Census and Statistics Department (1993), Hong Kong Annual Digest of Statistics, 1993 Edition. Hong Kong: Hong Kong Government Printer, pp.185.

Hong Kong Government Census and Statistics Department (1999), Hong Kong Annual Digest of Statistics, 1999 Edition. Hong Kong: Hong Kong Government Printer, pp.140.