The Land Registry recorded 5,284 sale and purchase agreements for all building units received for registration in May, down 8.2% compared with April and 33.5% lower year-on-year.
The total consideration for such agreements dropped 30.1% from April to $44.6 billion in May, while a 42.1% year-on-year decrease was recorded.
Of the agreements, 4,003 were for residential units, down 12.7% from April and 35.5% lower than a year ago.
The total consideration of residential units was $36.8 billion, a decrease of 29.8% compared with April and down 36.6% from May last year.
There were 413,181 land register searches last month.
The Innovation, Technology & Industry Bureau and the Innovation & Technology Commission today invited the market ...
The 18th Asian Financial Forum (AFF) continued today at the Convention & Exhibition Centre with a keynote luncheon on...
Chief Executive John Lee today met another visiting senior official of a foreign government who was one of the speakers a...
Secretary for Innovation, Technology & Industry Prof Sun Dong visited Shanghai Jiao Tong University (SJTU) today.
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