XN000022-1992-07-24 — Page 3

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FRIDAY, JULY 24, 1992

THE LAST STOP WAS THE CHINESE UNIVERSITY OF HONG KONG, WHERE THE GOVERNOR MET THE CHAIRMAN OF THE UNIVERSITY COUNCIL, SIR Q.W. LEE; THE VICE-CHANCELLOR, PROFESSOR CHARLES KAO, AND SENTOR UNIVERSITY

OFFICIALS.

AND THE

THE GOVERNOR VISITED THE MULTI-MEDIA LABORATORY SCIENCE LABORATORY AND CONCLUDED HIS EDUCATION DAY TALKING ΤΟ STAFF AND STUDENT REPRESENTATIVES AT A RECEPTION IN THE UNIVERSITY,

LAND OFFICE RELEASES JUNE FIGURES

*

THE TOTAL NUMBER OF SALE AND PURCHASE AGREEMENTS OF REGISTERED IN THE LAND OFFICE IN JUNE DECREASED BY 25.8 PER CENT THE PREVIOUS MONTH AND INCREASED BY 24.6 PER CENT COMPARED WITH LAST YEAR.

IN ALL, 13,834 SUCH AGREEMENTS WERE REGISTERED DURING MONTH. THE TOTAL AMOUNT OF THE CONSIDERATIONS INVOLVED $32,506,647,680.25.

PLATS

OVER

JUNE

THE

WAS

THESE FIGURES WERE INCLUDED IN THE MONTHLY STATISTICS ON PROPERTY TRANSACTIONS REGISTERED IN THE URBAN AND NEW TERRITORIES LAND REGISTRIES RELEASED TODAY (FRIDAY) BY THE REGISTRAR GENERAL.

THERE WERE EIGHT BUILDING MORTGAGES AND 15,168 OTHER MORTGAGES REGISTERED IN THE MONTH, COMPARED TO NINE AND 19,199 RESPECTIVELY IN JUNE LAST YEAR.

THE TOTAL AMOUNT SECURED UNDER BUILDING MORTGAGES DROPPED BY 80.2 PER CENT FROM $583,080,000 IN JUNE 1991 TO $115,682,000 IN THE MONTH.

THE TOTAL AMOUNT SECURED UNDER MORTGAGES OTHER THAN BUILDING MORTGAGES ROSE BY 55.5 PER CENT FROM $6,117,107,193.62

IN JUNE 1991 TO $9,512,516,926.35 IN JUNE 1992.

THE TOTAL AMOUNT ACTUALLY DRAWN DOWN ON BUILDING AND OTHER MORTGAGES AT ANY PARTICULAR TIME MAY BE SIGNIFICANTLY LESS THAN THE TOTAL AMOUNT SECURED.

REPAYMENTS UNDER MORTGAGES OF ALL KINDS, AS EVIDENCED BY DISCHARGES AND MORTGAGEE'S RECEIPTS, INCREASED BY 33.4 PER CENT FROM $3,519,554,956.34 IN JUNE 1991 TO $4,696,660,008.50 IN JUNE 1992.

MEANWHILE, DETAILS OF LAND OFFICE CONSENTS GIVEN TO ENTER INTO AGREEMENTS FOR SALES AND PURCHASES OF UNCOMPLETED BUILDINGS WERE ALSO RELEASED.

IN JUNE, SIX SUCH CONSENTS WERE GRANTED INVOLVING 436 UNITS THE URBAN AREAS AND 1,716 UNITS IN THE NEW TERRITORIES.

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