Land Registry releases statistics for 2018
******************************************
Land registration
-------------------
* The number of sale and purchase agreements for all building units received for registration for 2018 was 79,193 (-5.5 per cent compared with 2017 but +8.5 per cent compared with 2016).
* The total consideration for these agreements for 2018 was $741.38 billion (+2.1 per cent compared with 2017 and +39.1 per cent compared with 2016).
* The number of assignments of building units for 2018 was 105,293 (+1.6 per cent compared with 2017 and +36.1 per cent compared with 2016).
* The total consideration for these assignments for 2018 was $824.22 billion (+20.7 per cent compared with 2017 and +67.0 per cent compared with 2016).
Land search
--------------
* The number of searches of land registers made by the public for 2018 was 5,264,883 (+1.6 per cent compared with 2017 and +11.9 per cent compared with 2016).
Ends/Friday, January 4, 2019
Issued at HKT 15:00
Issued at HKT 15:00
NNNN