Land Registry releases statistics for first half of 2020
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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 2020 was 32,749 (+4.6 per cent compared with the second half of 2019 but -24.7 per cent compared with the first half of 2019).
* The total consideration for these agreements for the first half of 2020 was $269.02 billion (-8.8 per cent compared with the second half of 2019 and -32.3 per cent compared with the first half of 2019).
* The number of assignments of building units for the first half of 2020 was 35,038 (-25.8 per cent compared with the second half of 2019 and -21.5 per cent compared with the first half of 2019).
* The total consideration for these assignments for the first half of 2020 was $249.86 billion (-37.2 per cent compared with the second half of 2019 and -31.9 per cent compared with the first half of 2019).
Land search
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* The number of searches of land registers made by the public for the first half of 2020 was 2,373,015 (-4.1 per cent compared with the second half of 2019 and -7.9 per cent compared with the first half of 2019).
Ends/Monday, July 6, 2020
Issued at HKT 15:00
Issued at HKT 15:00
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