Land Registry releases statistics for first half of 2019
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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 2019 was 43,491 (+34.6 per cent compared with the second half of 2018 but -7.2 per cent compared with the first half of 2018).
* The total consideration for these agreements for the first half of 2019 was $397.50 billion (+17.7 per cent compared with the second half of 2018 but -1.5 per cent compared with the first half of 2018).
* The number of assignments of building units for the first half of 2019 was 44,625 (-15.0 per cent compared with the second half of 2018 and -15.5 per cent compared with the first half of 2018).
* The total consideration for these assignments for the first half of 2019 was $366.65 billion (-11.5 per cent compared with the second half of 2018 and -10.6 per cent compared with the first half of 2018).
Land search
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* The number of searches of land registers made by the public for the first half of 2019 was 2,576,255 (-0.3 per cent compared with the second half of 2018 and -3.9 per cent compared with the first half of 2018).
Ends/Thursday, July 4, 2019
Issued at HKT 15:00
Issued at HKT 15:00
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