The Land Registry logged 9,434 sale and purchase agreements received for registration for all building units in June, an increase of 10.5% compared with May and up 29.7% year on year.

The total consideration for building unit sale and purchase agreements in June increased 13.7% from the previous month to $82.8 billion, representing a 24.7% year-on-year increase.

A total of 7,650 agreements were for residential units, up 7.2% from the previous month and up 28.5% from a year ago.

The total consideration for residential units was $75.6 billion, an increase of 15.3% compared with the previous month and a rise of 23.8% year on year.

There were 505,404 land register searches last month.