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MONDAY, JANUARY 4, 1987
THE AMOUNT
SECURED UNDER
CENT, MORTGAGES ROSE BY 44.9 PER BILLION.
MORTGAGES
MORTGAGES
$33.086 FROM
BILLION
OTHER THAN BUILDING $47.928
TO
OF ALL
KINDS,
BY ROSE
AS
EVIDENCED
BY
10.2 PER CENT, FROM
REPAYMENTS UNDER DISCHARGES AND MORTGAGEE'S RECEIPTS, $22.182 BILLION IN 1986 TO $24.436 BILLION IN 1987.
THE PUBLIC REACHED
SEARCHES IN THE LAND OFFICE BY MEMBERS OF AN ALL-TIME HIGH OF 1,463,614, UP BY 19.9 PER CENT.
LAND REGISTRIES
DURING 1987, THE SIX NEW TERRITORIES DISTRICT OPERATED BY THE DEPARTMENT REGISTERED A TOTAL OF 184,562 INSTRUMENTS.
SALE AND FLATS, 3,639 PURCHASE AGREEMENTS OF
OTHER ASSIGNMENTS OF LOTS AND SECTIONS, 34 BUILDING MORTGAGES, 54,160
REASSIGNMENTS AND MORTGAGES
MORTGAGEES' AND 26,799
OF CONSIDERATION OF CERTIFICATES OF SATISFACTION WITH A TOTAL VALUE
$601 MILLION, BILLION, $3.711 BILLION, $21.316 $17.392 BILLION AND $7.818 BILLION RESPECTIVELY.
THIS WAS AGAIN AN ALL-TIME HIGH, AND INCLUDED 37,106
OF ASSIGNMENTS FLATS, 45,100
BILLION,
$19.329
THESE
RECEIPTS,
FIGURES,
MR
OF COMMENTING ON ALL REFLECTED A CONTINUING HIGH LEVEL OF ACTIVITY IN THE DURING THE YEAR.
GLEESON
SAID
THEY
PROPERTY MARKET
OWNERS IN HONG KONG CENT OVER
THE TOTAL NUMBER OF REGISTERED PROPERTY NOW STOOD AT 1,023,635, AN INCREASE OF 116,678 OR 12.9 PER THE FIGURE AT THE END OF 1986 WHICH ITSELF WAS AN INCREASE OF 9.7 CENT OVER 1985.
LAND
PER
AND
OF MODIFICATIONS GRANTS GOVERNMENT THE NUMBER OF
AND REGISTERED IN THE URBAN GOVERNMENT LEASE CONDITIONS COMPLETED
TO 338, WHILE THE LAND OFFICE LAST YEAR INCREASED FROM 303 IN 1986
PER CENT FROM $2.57 BILLION TOTAL PREMIUM INVOLVED ROSE BY 57 $4.034 BILLION.
TO
/PARTICULARLY SIGNIFICANT ......