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Property sales up 23%

October 04, 2017

The Land Registry recorded 7,540 sale and purchase agreements for all building units in September, up 23% on August but down 20.7% compared to a year ago.

 

The total consideration for sale and purchase agreements in September was $56.6 billion, up 29.1% on August but down 12.9% year-on-year.

 

Of the sale and purchase agreements, 5,629 were for residential units, up 40.2% on the previous month but down 28.1% year-on-year.

 

The total consideration for residential units was $45.3 billion, up 34.5% compared with August but down 19.1% year-on-year.

 

The public made 433,429 land register searches during the month.



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Sales of First-hand Residential Properties Authority