Details have been, learned of a further purchase of property in Babbling Well Road.
The house in question is No, 999, the property of Mrs. A. Sloan, most. opposite the Majestic Hotel, the area amounting to 7.299 mow. It is understood that keen competi tion took place for this site and that the sale was completed approximate cost of half a million taels, Tt was purchased by the Republic Land Investment Ca.
._It is learned that details regarding the development of the property. have not yet been decided upon, Another noteworthy purchase by the same company was that of the Velodrome ground, at the comer of Avenue Haig and Route Camille Lorioz, negotiations for which were completed at the same time, This was dono at an approximate cost of Tls. 350,000.
As in the case of the Sloan pro party, no details have as yet been decided upon, regarding development of the site,
Text read from the printed page and cleaned; old type leaves the occasional error.