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Land Registry releases statistics for 2016
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     The Land Registry today (January 5) released its statistics for 2016. 
                                                                                                     
Land registration
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* The number of sale and purchase agreements for all building units received for registration for 2016 was 73,004 (-4.1 per cent compared with 2015 and -10.4 per cent compared with 2014).

* The total consideration for these agreements for 2016 was $532.86 billion (-2.9 per cent compared with 2015 and -2.7 per cent compared with 2014).

* The number of assignments of building units for 2016 was 77,374 (-19.9 per cent compared with 2015 and -15.9 per cent compared with 2014).

* The total consideration for these assignments for 2016 was $493.51 billion (-18.2 per cent compared with 2015 but +1.3 per cent compared with 2014).

Land search
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* The number of searches of land registers made by the public for 2016 was 4,703,827 (-2.2 per cent compared with 2015 but +2.5 per cent compared with 2014).
 
Ends/Thursday, January 5, 2017
Issued at HKT 15:00
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