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Property deals down 7.7%

July 06, 2015

The Land Registry recorded 43,636 sale and purchase agreements for all building units in the first half of the year, down 7.7% on the second half of 2014 but up 27.6% year on year.

 

The total consideration for these agreements was $311.5 billion, down 7% on the second half of 2014 but up 46.6% year on year.

 

The number of assignments of building units was 53,238, up 0.5% on the second half of 2014 and up 36.3% year on year.

 

The total consideration for these assignments was $311.97 billion, up 7.6% on the second half of 2014 and 58.3% year on year.

 

There were 2,480,710 land-register searches, up 2.6% on the second half of 2014 and up 14.2% year on year.



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The Residential Properties (First-hand Sales) Ordinance