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SATURDAY, SEPTEMBER 19, 1992
PROPERTY TRANSACTION STATISTICS FOR AUGUST
**
OF
FLAT'S
THE TOTAL NUMBER OF SALE AND PURCHASE AGREEMENTS REGISTERED IN THE LAND OFFICE IN AUGUST DECREASED BY 0.03 PER CENT COMPARED WITH THE PREVIOUS MONTH AND BY 29 PER CENT COMPARED WITH AUGUST LAST YEAR.
IN ALL, 12,603 SUCH AGREEMENTS WERE REGISTERED DURING THE MONTH. THE TOTAL AMOUNT OF THE CONSIDERATIONS INVOLVED WAS ABOUT $32.22 BILLION.
THESE FIGURES WERE INCLUDED IN THE MONTHLY STATISTICS ON PROPERTY TRANSACTIONS REGISTERED IN THE URBAN AND NEW TERRITORIES LAND REGISTRIES RELEASED TODAY (SATURDAY) BY THE REGISTRAR GENERAL'S
DEPARTMENT.
THERE WERE 14 BUILDING MORTGAGES AND 19,559 OTHER MORTGAGES REGISTERED IN THE MONTH, COMPARED TO 13 AND 15,850 RESPECTIVELY IN AUGUST LAST YEAR.
THE TOTAL AMOUNT SECURED UNDER NEW BUILDING MORTGAGES IN THE MONTH WAS ABOUT $1.69 BILLION COMPARED WITH ABOUT $3.27 BILLION IN AUGUST LAST YEAR.
IN THE MONTH THE TOTAL AMOUNT SECURED UNDER NEW MORTGAGES OTHER THAN BUILDING MORTGAGES WAS ABOUT $7.91 BILLION, UP BY 21.7 PER CENT FROM ABOUT $6.5 BILLION IN AUGUST 1991.
THE TOTAL AMOUNT ACTUALLY DRAWN DOWN ON BUILDING AND OTHER MORTGAGES AT ANY PARTICULAR TIME MAY BE SIGNIFICANTLY LESS THAN THE TOTAL AMOUNT SECURED.
REPAYMENTS UNDER
MORTGAGES OF ALL KINDS, AS EVIDENCED BY DISCHARGES AND MORTGAGEE'S RECEIPTS, AMOUNTED TO ABOUT $5.51 BILLION, AN INCREASE OF 53 PER CENT FROM ABOUT $3.6 BILLION IN AUGUST LAST YEAR.
MEANWHILE, DETAILS OF LAND OFFICE CONSENTS GIVEN TO ENTER AGREEMENTS FOR SALES AND PURCHASES OF UNCOMPLETED BUILDINGS WERE RELEASED.
INTO ALSO
IN AUGUST, FIVE SUCH CONSENTS WERE GRANTED INVOLVING 38 UNITS IN THE URBAN AREAS AND 2,600 UNITS IN THE NEW TERRITORIES.
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