XN000022-1993-09-18 — Page 3

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SATURDAY, SEPTEMBER 18, 1993

LAND REGISTRATION FIGURES FOR AUGUST

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THE TOTAL NUMBER OF SALE AND PURCHASE AGREEMENTS OF BUILDING UNITS, MAINLY FLATS, RECEIVED BY THE LAND REGISTRY FOR REGISTRATION LAST MONTH DECREASED BY 22.2 PER CENT COMPARED WITH THE TOTAL OF THE PREVIOUS MONTH, BUT INCREASED BY 16.6 PER CENT COMPARED WITH AUGUST LAST YEAR.

IN ALL 14,689 SUCH AGREEMENTS WERE RECEIVED FOR REGISTRATION THE TOTAL AMOUNT OF THE CONSIDERATIONS INVOLVED WAS

LAST MONTH. $37.57 BILLION.

THESE FIGURES ARE INCLUDED IN THE MONTHLY STATISTICS RELEASED TODAY (SATURDAY) BY THE LAND REGISTRAR ON PROPERTY TRANSACTIONS RECEIVED FOR REGISTRATION IN THE URBAN AND NEW TERRITORIES LAND REGISTRIES.

A TABLE SHOWING THE RELEVANT STATISTICS FOR JULY 1993 AND JULY LAST YEAR WAS ALSO RELEASED.

THERE WERE 11 BUILDING MORTGAGES AND 16,416 OTHER MORTGAGES RECEIVED FOR REGISTRATION LAST MONTH, COMPARED WITH 14 AND 19,559 RESPECTIVELY IN AUGUST LAST YEAR.

THE TOTAL AMOUNT SRCURED UNDER NEW BUILDING MORTGAGES IN THE MONTH WAS $2.25 BILLION COMPARED WITH $1.69 BILLION IN AUGUST LAST YEAR.

THE TOTAL AMOUNT SECURED UNDER NEW MORTGAGES BUILDING MORTGAGES DROPPED BY 13 PER CENT, FROM $7.91 AUGUST 1992 TO $6.88 BILLION IN AUGUST THIS YEAR.

OTHER THAN BILLION IN

REPAYMENTS UNDER MORTGAGES OF ALL KINDS, AS EVIDENCED BY DISCHARGES AND MORTGAGEE'S RECEIPTS, DECREASED BY 30.3 PER CENT, FROM $5.51 BILLION IN AUGUST LAST YEAR TO $3.84 BILLION IN AUGUST THIS YEAR.

/THE LAND