WEDNESDAY, AUGUST 18, 1993
PROPERTY TRANSACTION FIGURES FOR JULY
**
THE TOTAL NUMBER OF SALE AND PURCHASE AGREEMENTS OF BUILDING UNITS, MAINLY FLATS, RECEIVED FOR REGISTRATION IN LAST MONTH INCREASED BY 47.4
COMPARED MONTH AND BY 49.8 PER CENT COMPARED WITH JULY LAST YEAR.
PER CENT
THE LAND THE WITH
REGISTRY PREVIOUS
ON
THE LARGE INCREASE WAS MAINLY DUE TO THE AGREEMENTS SUBMITTED
DEVELOPMENTS IN MA FOR REGISTRATION IN RESPECT OF SEVERAL MAJOR SHAN, SHAM TSENG, TSING LUNG TAU AND FANLING IN THE NEW TERRITORIES.
IN ALL, 18,881 AGREEMENTS FOR SALE
AND PURCHASE OF BUILDING REGISTRATION DURING UNITS WERE RECEIVED FOR
THE MONTH. THE TOTAL AMOUNT OF THE CONSIDERATIONS INVOLVED WAS $55.83 BILLION.
THESE FIGURES ARE INCLUDED IN THE MONTHLY STATISTICS ON AND NEW PROPERTY TRANSACTIONS RECEIVED FOR REGISTRATION IN THE URBAN
(WEDNESDAY) BY THE LAND TERRITORIES LAND REGISTRIES RELEASED TODAY REGISTRAR.
A TABLE SHOWING THE RELEVANT STATISTICS FOR JUNE 1993 JULY LAST YEAR IS ALSO RELEASED.
THERE WERE SEVEN BUILDING MORTGAGES AND 15,564 OTHER RECEIVED FOR REGISTRATION IN THE MONTH, COMPARED WITH ONE RESPECTIVELY IN JULY LAST YEAR..
AND FOR
MORTGAGES
AND 18,296
THE TOTAL AMOUNT SECURED UNDER NEW BUILDING MORTGAGES IN THE MONTH WAS $0.38 BILLION COMPARED WITH $0.05 BILLION IN JULY LAST YEAR.
BECAUSE OF SEVERAL HUGE MORTGAGES SUBMITTED FOR REGISTRATION MORTGAGES OTHER THAN LAST MONTH, THE TOTAL AMOUNT SECURED UNDER NEW BUILDING MORTGAGES ROSE BY 131.9 PER CENT, FROM $7.29 BILLION IN 1992 TO $16.91 BILLION IN JULY THIS YEAR.
MORTGAGES REPAYMENTS UNDER
JULY
OF ALL KINDS, AS EVIDENCED BY CENT, FROM
DISCHARGES AND MORTGAGEE'S RECEIPTS, DECREASED BY 26.5 PER $3.69 BILLION IN JULY LAST YEAR TO $2.71 BILLION IN JULY THIS YEAR.
NOTE TO EDITORS:
IN RESPECT NEW TERRITORIES
TABLES SHOWING THE CONSOLIDATED MONTHLY STATISTICS
AND OF DEEDS RECEIVED FOR REGISTRATION IN THE URBAN DISTRICT LAND REGISTRIES AND A COMPARISON OF MONTHLY BE FAXED AND BOXED.
STATISTICS WILL
/THE LAND