Traditional Chinese Simplified Chinese Email this article news.gov.hk
Land Registry statistics for June
*********************************

     The Land Registry today (July 5) released its statistics for June 2011.

Land registration
-----------------

* The number of sale and purchase agreements for all building units received for registration in June was 11,601 (-7.5% compared with May but +4.3% compared with June 2010)

* The 12-month moving average for June was 12,985 (0.3% above the 12-month moving average for May and 2.2% above that for June 2010)

* The total consideration for sale and purchase agreements in June was $70.5 billion (+11.6% compared with May and +63.6% compared with June 2010)

* Among the sale and purchase agreements, 9,043 were for residential units (-6.6% compared with May and -1% compared with June 2010)

* The total consideration for sale and purchase agreements in respect of residential units was $52.9 billion (+6.9% compared with May and +60.2% compared with June 2010)

     The sale of residential units refers to sale and purchase agreements with payment of stamp duty. These statistics do not include the sale of units under the Home Ownership Scheme, the Private Sector Participation Scheme and the Tenants Purchase Scheme except those after payment of premium.

     Figures on sale and purchase agreements received for the past 12 months, the year-on-year rate of change and breakdown figures on residential sales are also released.

     As deeds may not be lodged with the Land Registry until up to 30 days after the transaction, these statistics generally relate to land transactions in the previous month.

Land search
-----------

* The number of searches of land registers made by the public in June was 484,135 (-2.9% compared with May and -6.7% compared with June 2010)

     The statistics cover searches made at the counter, through the self-service terminals and via the Integrated Registration Information System Online Services.

Ends/Tuesday, July 5, 2011
Issued at HKT 17:03

NNNN

Print this page