August saw 13,664 sale and purchase agreements for all types of flats registered, with 84% related to residential units involving a total consideration of $36.8 billion, the Land Registry says.

According to the land registration statistics rolled out today, the 13,664 sale and purchase agreements received for registration in August represented a 22.9% rise over July and a 58.3% surge on a year earlier. Using a 12-month moving average, the figure was 4.2% higher than July and 30.4% more than last August.

The total consideration of the 13,664 agreements was $44.2 billion, up 16.3% over July and 76.3% on a year earlier.

Among all the sale and purchase agreements, 11,480 were for residential units. This was an increase of 24.9% over July and 63.3% compared with last August. The total consideration of these agreements was $36.8 billion, up 27.9% over July and 74.7% on a year earlier.