The Government has rejected as too low a developer's offer for a West Kowloon residential site on the Government's land-sale reserve list. It is the second time the Government has turned down the unnamed developer's application - a lower offer was rejected last month. Deputy Director of Lands John Corrigall said the developer had raised its initial bid but the offer was still 'not acceptable'. He declined to give the name of the developer or the location of the West Kowloon site. The decision reaffirms the Government's policy of not selling land below market prices. Under the reserve-list system, land is released for auction when a developer applies to the Lands Department and offers a minimum price deemed acceptable. Sites on the reserve list have in some cases been sold at public auction for below market expectations. Mr Corrigall said if the Government did not receive and accept any more bids for land on the reserve list within the next two weeks, no extra land could be scheduled for auction or tender before the end of the financial year in March. Last year, Cheung Kong (Holdings) applied for one of the West Kowloon sites and another in North Point on the reserve list. Both offers were deemed too low and rejected by the Lands Department.