The Land Registry logged 7,271 sale and purchase agreements for all building units received for registration in June, up 12.9% compared with May and 38.6% higher year-on-year.

The total consideration for such agreements in June rose 33.2% from the previous month to $66.4 billion, representing a 61.6% year-on-year increase.

Of the agreements, 5,955 were for residential units, amounting to a 16.7% increase from May and a 54.4% hike from a year ago.

The total consideration for residential units was $61.1 billion, up 59.7% compared with May and 77% higher year-on-year.

There were 409,789 land register searches last month.