SATURDAY, JUNE 19, 1993
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PROPERTY TRANSACTION FIGURES FOR MAY
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THE TOTAL NUMBER OF SALE AND PURCHASE AGREEMENTS OF BUILDING UNITS, MAINLY FLATS, RECEIVED FOR REGISTRATION IN THE LAND REGISTRY LAST MONTH INCREASED BY 17.5 PER CENT COMPARED WITH THE PREVIOUS MONTH, BUT DECREASED BY 26.6 PER CENT COMPARED WITH MAY LAST YEAR.
IN ALL, 13,678 AGREEMENTS WERE RECEIVED FOR REGISTRATION DURING THE MONTH. THE TOTAL AMOUNT OF THE CONSIDERATIONS INVOLVED WAS ABOUT $33.9 BILLION.
ON
THESE FIGURES ARE INCLUDED IN THE MONTHLY STATISTICS PROPERTY TRANSACTIONS RECEIVED FOR REGISTRATION IN THE URBAN AND NEW TERRITORIES LAND REGISTRIES RELEASED TODAY (SATURDAY) BY THE LAND REGISTRAR.
A TABLE SHOWING THE RELEVANT STATISTICS FOR APRIL 1993 AND FOR MAY LAST YEAR IS ALSO RELEASED.
THERE WERE 11 BUILDING MORTGAGES AND 14, 309 OTHER MORTGAGES RECEIVED FOR REGISTRATION IN THE MONTH, COMPARED TO NINE AND 14,970 RESPECTIVELY IN MAY LAST YEAR.
WAS
YEAR.
THE TOTAL AMOUNT SECURED UNDER NEW BUILDING MORTGAGES IN MAT $3.3 BILLION COMPARED WITH $0.55 BILLION IN THE SAME MONTH LAST
THE TOTAL AMOUNT SECURED UNDER NEW MORTGAGES IN THE MONTH OTHER THAN BUILDING MORTGAGES DROPPED BY 19.9 PER CENT FROM ABOUT $8.72 BILLION IN MAY 1992 TO $6.98 BILLION IN MAY 1993.
REPAYMENTS UNDER MORTGAGES OF ALL KINDS, AS EVIDENCED BY DISCHARGES AND MORTGAGEE'S RECEIPTS, INCREASED BY 94.6 PER CENT FROM ABOUT $4.22 BILLION IN MAY 1992 TO ABOUT $8.21 BILLION IN MAY 1993.
/THE LAND