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Land Registry statistics for March released
A total of 16,124 sale and purchase agreements for building units, including residential and non-residential properties, were lodged with the Land Registry last month (March).
The figure represented a decrease of five per cent from February this year and an increase of 35.3 per cent over March last year.
The total consideration of these agreements in the month was $64.9 billion, down 11.7 per cent but up 73.5 per cent respectively when compared with the amounts for February 1997 and March last year.
The figures were contained in the monthly statistics released today (Thursday) by the Land Registry on deeds relating to property transactions received for registration in the Urban and New Territories Land Registries in March 1997.
Relevant statistics for February 1997 and March 1996 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.
These statistics generally related 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.
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Vessel masters urged to be cautious before fireworks voyage
Masters and operators of vessels intending to sail their vessels to the Lantau Link/Ma Wan Channel area on April 27 evening for viewing the fireworks display of the Lantau Link opening ceremony should be cautious and plan carefully before proceeding on the voyage, the Marine Department said today (Thursday).
The fireworks display will take place in the Ma Wan Fairway, in the area of Tsing Ma Bridge, at about 8 pm on April 27. The fireworks will be discharged from three barges anchored in the Ma Wan Fairway north of Tsing Ma Bridge.
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