XN000022-1993-03-16 — Page 7

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TUESDAY, MARCH 16, 1993

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

IN

THERE WERE FIVE BUILDING MORTGAGES AND 10,509 OTHER MORTGAGES REGISTERED IN THE MONTH, COMPARED TO SIX AND 10,164 RESPECTIVELY FEBRUARY 1992.

THE TOTAL AMOUNT SECURED UNDER NEW BUILDING MORTGAGES

IN THE MONTH WAS ABOUT $0.20 BILLION COMPARED WITH ABOUT $0.66 BILLION IN FEBRUARY 1992.

THE TOTAL AMOUNT SECURED UNDER NEW MORTGAGES IN THE MONTH OTHER THAN BUILDING MORTGAGES ROSE BY 21.1 PER CENT FROM ABOUT $5.78 BILLION IN FEBRUARY 1992 TO ABOUT $7 BILLION IN FEBRUARY 1993.

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 MORTGAGEES' RECEIPTS, INCREASED BY 0.2 PER CENT FROM ABOUT $2.799 BILLION IN FEBRUARY 1992 TO ABOUT $2.804 BILLION IN FEBRUARY 1993.

/REGISTRAR GENERAL