Land Registry releases statistics for first half of 2018
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     The Land Registry today (July 5) released its statistics for the first half of 2018. 
                                                                                                     
Land registration
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* The number of sale and purchase agreements for all building units received for registration for the first half of 2018 was 46,875 (+14.5 per cent compared with the second half of 2017 and +9.4 per cent compared with the first half of 2017).
 
* The total consideration for these agreements for the first half of 2018 was $403.68 billion (+14.3 per cent compared with the second half of 2017 and +8.2 per cent compared with the first half of 2017).
 
* The number of assignments of building units for the first half of 2018 was 52,793 (+7.9 per cent compared with the second half of 2017 but -3.6 per cent compared with the first half of 2017).
 
* The total consideration for these assignments for the first half of 2018 was $410.09 billion (+31.1 per cent compared with the second half of 2017 and +10.7 per cent compared with the first half of 2017).

Land search
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* The number of searches of land registers made by the public for the first half of 2018 was 2,680,329 (+2.3 per cent compared with the second half of 2017 and +4.6 per cent compared with the first half of 2017).

Ends/Thursday, July 5, 2018
Issued at HKT 15:00

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