XN000022-1993-04-19 — Page 2

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MONDAY, APRIL 19, 1993

SALE AND PURCHASE AGREEMENTS OF BUILDING UNITS IN MARCH

THE TOTAL NUMBER OF SALE AND PURCHASE AGREEMENTS OF BUILDING UNITS, MAINLY FLATS, REGISTERED IN THE LAND REGISTRY IN MARCH INCREASED BY 33.6 PER CENT COMPARED WITH THE PREVIOUS MONTH AND BY 29.7 PER CENT COMPARED WITH MARCH LAST YEAR.

COMING

THE SUDDEN INCREASE WAS DUE TO THREE MAJOR DEVELOPMENTS ON-STREAM DURING THE MONTH, SADDLE RIDGE GARDEN, PARK VIEW GARDEN AND SUNSHINE CITY.

MONTH.

IN ALL, 11,678

SUCH

THE TOTAL AMOUNT OF $23.87 BILLION.

AGREEMENTS WERE REGISTERED DURING THE THE CONSIDERATIONS INVOLVED WAS ABOUT

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

THERE WERE SIX BUILDING MORTGAGES AND 9,272 OTHER MORTGAGES

AND REGISTERED IN THE MONTH, COMPARED TO 10

11,509 RESPECTIVELY IN MARCH LAST YEAR.

THE TOTAL AMOUNT SECURED UNDER NEW BUILDING MONTH WAS ABOUT $1.18 BILLION COMPARED WITH ABOUT MARCH LAST YEAR.

MORTGAGES IN THE $0.20 BILLION IN

IN MONTH OTHER

THE TOTAL AMOUNT SECURED UNDER NEW MORTGAGES THAN BUILDING MORTGAGES ROSE BY 0.9 PER CENT FROM ABOUT $5.15 BILLION IN MARCH LAST YEAR TO ABOUT $5.20 BILLION IN MARCH THIS YEAR.

LESS

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

THAN THE

TOTAL AMOUNT SECURED.

REPAYMENTS UNDER

MORTGAGES

OF ALL KINDS, AS EVIDENCED BY CENT FROM DISCHARGES AND MORTGAGEE'S RECEIPTS, INCREASED BY 19.4 PER ABOUT $2.41 BILLION IN MARCH LAST

ABOUT $2.88 BILLION IN

MARCH THIS YEAR.

YEAR

מין'

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