XN000022-1991-01-18 — Page 6

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FRIDAY, JANUARY 18, 1991

NOTE :

DUR TO THE POSSIBLE INCLUSION OF IRREGULAR PAYMENTS (8.0. BACKPAY OR SPECIAL BONUS), "PER CAPITA EARNINGS" FOR A GIVEN MONTH MAY BE SUBJECT TO RATHER VOLATILE FLUCTUATIONS FROM TIME TO TIME. THEREFORE, IT IS PARTICULARLY ADVISABLE, IN STUDYING PER CAPITA BARNINGS STATISTICS, NOT TO TAKE A GIVEN MONTH'S DATA IN ISOLATION, BUT TO MAKE REFERENCE TO DATA OVER A LONGER PERIOD.

NOTE TO

TABLES 1

—

3 : UNLIKE

"ORDERS-ON-HAND" AND "PER CAPITA EARNINGS", WHICH ARE AVERAGE FIGURES AMONGST THE COMPANIES SURVEYED, THE TOTAL NUMBER OF PERSONS ENGAGED BY THE COMPANIES SURVEYED IS NOT MEANINGFUL INFORMATION ON ITS OWN (BECAUSE THIS IS A PANEL SURVEY) AND IS THEREFORE NOT SHOWN.

LAND OFFICE FIGURES FOR 1990 RELEASED

THE TOTAL NUMBER OF SALE AND PURCHASE AGREEMENTS OF FLATS REGISTERED LAST YEAR FOR THE AREAS OF HONG KONG ISLAND, KOWLOON AND NEW KOWLOON WAS 69,255, AN INCREASE OF 12.9 PER CENT WHEN COMPARED WITHTHE FIGURE FOR 1989, ACCORDING TO LAND OFFICE FIGURES FOR 1990 RELEASED BY THE REGISTRAR GENERAL'S DEPARTMENT TODAY (FRIDAY).

OF

THE REGISTRAR GENERAL, MR NOEL GLEESON, SAID THE TOTAL AMOUNT THE CONSIDERATIONS IN THESE AGREEMENTS ALSO INCREASED BY 9.3 PER CENT FROM $89.7 BILLION IN 1989 TO $98.014 BILLION IN 1990.

DURING 1990, 91,088 ASSIGNMENTS OF FLATS WERE REGISTERED IN THE URBAN AREA, COMPARED WITH 87,676 IN 1989.

OF THESE A TOTAL OF 9,846 ASSIGNMENTS WERE COMPLETED BY THE DEPARTMENT ON BEHALF OF THE HOUSING AUTHORITY UNDER THE GOVERNMENT'8 HOME OWNERSHIP SCHEME, COMPARED WITH 10,709 IN 1989.

THE TOTAL VALUE OF THE CONSIDERATIONS IN ASSIGNMENTS OF FLATS INCREASED BY 9.8 PER CENT FROM $98.842 BILLION TO $108.527 BILLION.

THERE WERB 441 ASSIGNMENTS OF LOTS AND SECTIONS, 42 PER CENT LESS THAN IN 1989. THE TOTAL VALUE OF THE CONSIDERATIONS IN ASSIGNMENTS OF LOTS AND SECTIONS WAS LOWER DURING 1990 BY 31.3 PER CENT FROM $31.176 BILLION IN 1989 TO $21.42 BILLION.

SIXTY-ONE BUILDING MORTGAGES AND 95,975 OTHER MORTGAGES FOR THE URBAN AREA WERE REGISTERED, COMPARED WITH 60 AND 90,822 RESPECTIVELY IN THE PREVIOUS YEAR.

THE TOTAL AMOUNT SECURED UNDER BUILDING MORTGAGES REGISTERED DURING THE YEAR ROSE BY 201.9 PER CENT, FROM $2.555 BILLION TO $7.718 BILLION.

:

/THE AMOUNT