The Land Registry recorded 3,189 sale and purchase agreements for all building units received for registration in February, down 27.5% compared with January and 46.7% lower year-on-year.
The total consideration for such agreements in February fell 32.9% from January, to $22.6 billion, while a 48.5% year-on-year decrease was recorded.
Of the agreements, 2,375 were for residential units, down 31.7% from January and 44.5% lower than a year ago.
The total consideration for residential units was $19.1 billion, a decrease of 31.3% compared with January and down 47.9% year-on-year.
There were 276,910 land register searches last month.
Financial Secretary Paul Chan will depart for Tbilisi, Georgia to attend the 57th annual meeting of the Board of Governor...
The Government announced today that based on the Organisation for Economic Co-operation & Development's (OECD) recomm...
The value of residential mortgage loans approved in March was $19.1 billion, a 6.2% increase compared with February, the ...
Commissioner for Tourism Vivian Sum, joined by the Travel Industry Authority representatives, visited the Palace Museum a...