TUESDAY, MAY 25, 1993
PROPERTY TRANSACTION FIGURES FOR APRIL
*
OF
FLATS
THE TOTAL NUMBER OF SALE AND PURCHASE AGREEMENTS REGISTERED IN THE LAND REGISTRY IN APRIL DECREASED BY 0.3 PER CENT OVER THE PREVIOUS MONTH AND BY 22 PER CENT OVER THE SAME MONTH LAST YEAR.
IN ALL, 11,639 SUCH AGREEMENTS WERE REGISTERED DURING THE MONTH. THE TOTAL AMOUNT OF THE CONSIDERATIONS INVOLVED WAS ABOUT $27.40 BILLION,
RELEASED
THESE FIGURES WERE INCLUDED IN THE MONTHLY STATISTICS TODAY (TUESDAY) BY THE LAND REGISTRAR ON PROPERTY TRANSACTIONS REGISTERED IN THE URBAN AND NEW TERRITORIES LAND REGISTRIES.
THERE WERE SIX BUILDING MORTGAGES AND 10,502 OTHER MORTGAGES REGISTERED IN THE MONTH, COMPARED TO 10 AND 10,907 RESPECTIVELY IN APRIL LAST YEAR.
THE TOTAL AMOUNT SECURED UNDER NEW BUILDING MORTGAGES IN THE MONTH WAS ABOUT $0.53 BILLION COMPARED WITH ABOUT $0.16 BILLION IN APRIL 1992.
THE TOTAL AMOUNT SECURED UNDER NEW MORTGAGES OTHER THAN BUILDING MORTGAGES ROSE BY 123.8 PER CENT FROM ABOUT $6.11 BILLION IN APRIL 1992 TO ABOUT $13.67 BILLION IN APRIL
1993, OWING TO SEVERAL HUGE LOAN MORTGAGES REGISTERED DURING THE MONTH.
AND OTHER LESS THAN THE
THE TOTAL AMOUNT ACTUALLY DRAWN DOWN ON BUILDING MORTGAGES AT ANY PARTICULAR TIME MAY BE SIGNIFICANTLY TOTAL AMOUNT SECURED.
REPAYMENTS UNDER MORTGAGES OF ALL KINDS, AS EVIDENCED BY DISCHARGES AND MORTGAGEE'S RECEIPTS, DECREASED BY 37.9 PER CENT FROM ABOUT $4.43 BILLION IN APRIL 1992 TO ABOUT $2.75 BILLION IN APRIL 1993.
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