XN000022-1989-01-12 — Page 20

THURSDAY, JANUARY 12, 1989

19

FLAT TRANSACTIONS RISE BY 21.2 PER CENT * * * * *

THE TOTAL NUMBER OF SALE AND PURCHASE AGREEMENTS OF FLATS PER CENT OVER REGISTERED ROSE TO 66,483 IN 1988, AN INCREASE OF 21.2 THE FIGURE FOR 1987, THE REGISTRAR GENERAL, MR NOEL GLEESON, TODAY (THURSDAY).

SAID

AGREEMENTS

FOR 1988, MR GLEESON

THESE 1987 TO $79.986

IN REPORTING ON LAND OFFICE STATISTICS SAID THE TOTAL AMOUNT OF THE CONSIDERATIONS IN INCREASED BY 47 PER CENT FROM $54.427 BILLION IN BILLION IN 1988.

DURING THE YEAR, 90,486 ASSIGNMENTS OF FLATS COMPARED WITH 94,436 IN 1987.

WERE

REGISTERED,

COMPLETED BY THE

OF THESE, A TOTAL OF 4,418 ASSIGNMENTS WERE

BEHALF REGISTRAR GENERAL'S DEPARTMENT ON

OF THE HOUSING AUTHORITY UNDER THE GOVERNMENT'S HOME OWNERSHIP SCHEME, COMPARED WITH 1987.

8,107 IN

OF FLATS

THE TOTAL VALUE OF THE CONSIDERATIONS IN ASSIGNMENTS INCREASED BY 27.7 PER CENT FROM $61.918 BILLION TO $79.096 BILLION.

THERE WERE 992 ASSIGNMENTS OF LOTS AND SECTIONS, MORE THAN IN 1987.

THE TOTAL VALUE OF THE CONSIDERATIONS IN AND SECTIONS ROSE DURING 1988 BY 80.9 PER CENT IN 1987 TO $32.411 BILLION.

PER 2.5

CENT

LOTS

OF ASSIGNMENTS FROM $17.915 BILLION

WERE PREVIOUS

MORTGAGES FIFTY-FIVE BUILDING MORTGAGES AND 97,423 OTHER REGISTERED, COMPARED WITH 51 AND 100,272 RESPECTIVELY IN THE

YEAR.

REGISTERED MORTGAGES FROM $0.765 BILLION ΤΟ $0.783

THE TOTAL AMOUNT SECURED UNDER BUILDING DURING THE YEAR ROSE BY 2.3 PER CENT, BILLION.

THE AMOUNT SECURED UNDER MORTGAGES OTHER THAN BUILDING

CENT, FROM $47.928 MORTGAGES ROSE BY 54.5 PER

BILLION TO $74.034

BILLION.

REPAYMENTS UNDER

MORTGAGES OF

ALL KINDS, AS EVIDENCED BY ROSE BY 17.3 PER CENT, FROM DISCHARGES AND MORTGAGEES' RECEIPTS, $24.436 BILLION IN 1987 TO $28.656 BILLION IN 1988.

SEARCHES IN THE LAND OFFICE BY MEMBERS OF THE PUBLIC REACHED RECORD OF 1,667,665, UP BY 13.9 PER CENT.

YEAR, THE

A

DURING THE

SEVEN NEW TERRITORIES DISTRICT LAND TOTAL OF 223,027 REGISTRIES OPERATED BY THE DEPARTMENT REGISTERED A INSTRUMENTS, AGAIN A RECORD.

/THESE INCLUDED

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