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Over 9,000 agreements lodged with Land Registry in February
A total of 9,175 sale and purchase agreements for building units, including both residential and non-residential properties, were lodged with the Land Registry in February.
The figure represented an increase of 0.2 per cent from that of January 1996, and an increase of 127.4 per cent when compared with the same month last year.
The total consideration of these agreements is $26.02 billion, up 14.4 per cent and
up 118.9 per
per cent as compared with the amounts for January 1996 and February 1995 respectively.
The figures are contained in the monthly statistics released today (Monday) by the Land Registry on deeds relating to property transactions received for registration in the Urban and New Territories Land Registries last month.
Relevant statistics for January 1996 and February 1995 were provided for comparison.
Figures on sale and purchase agreements received for the past 12 months and the year-on-year rate of change were also released.
The statistics generally relate to land transactions executed up to four weeks prior to their submission for registration, as there is usually a time lag between the execution of deeds and their lodgement for registration.
End
Sponsor for 1997 Lunar New Year fireworks display sought
Organisations wishing to sponsor the 1997 Lunar New Year fireworks display are requested to submit expressions of interest to the Government before April 30, a spokesman for the Recreation and Culture Branch (RCB) said today (Friday).
Fireworks displays have been held over the Victoria Harbour in the evening of the second day of the Lunar New Year since 1982 to celebrate the spring festival.