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news.gov.hk  
 From Hong Kong's Information Services Department
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January 6, 2010
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Property

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Building sales up 18.2%

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Land Registry

The number of sale and purchase agreements for all building units received for registration last year was 133,962, a year-on-year increase of 18.2%, but down 8.1% on 2007, the Land Registry announced today.

 

During the year, the total consideration of agreements was $515.7 billion, a 24.8% increase on 2008 but a 1.9% fall on 2007.

 

The number of building units assignments was 141,307, down 13.3% on 2008, while the total consideration for last year's assignments was $471.6 billion, down 13.2% on 2008.

 

The number of land register searches the public made last year was 4,968,134 - up 6.1% on 2008.