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THE TOTAL VALUE ADDED OF THESE ESTABLISHMENTS WAS $63.7 BILLION IN 1992, REPRESENTING AN INCREASE OF 25.3% OVER 1991. IT CONSTITUTED 86.4% OF THE GROSS OUTPUT PERFORMED. THIS WAS 0.1 8 PERCENTAGE POINT HIGHER THAN THE FIGURE OF 85.6% FOR 1991.

THESE FIGURES DID NOT INCLUDE ESTABLISHMENTS WHICH DEVELOPED REAL ESTATE PROJECTS FOR THEIR OWN USE, NOR THOSE WHICH OWNED LAND WITHOUT DEVELOPING IT DURING THE REFERENCE YEAR.

ALSO EXCLUDED WERE REAL ESTATE LEASING AND OTHER RELATED ACTIVITIES UNDERTAKEN BY INDIVIDUALS OR FIRMS WHICH DO NOT EMPLOY ANY PERSONS.

A TOTAL OF 7,600 ESTABLISHMENTS OPERATED IN THE REAL ESTATE DEVELOPMENT, LEASING, BROKERAGE AND MAINTENANCE MANAGEMENT SERVICES SECTOR IN 1992.

SURVEYING

AS REGARDS ESTABLISHMENTS ENGAGED IN ARCHITECTURAL, AND PROJECT ENGINEERING SERVICES, THE GROSS OUTPUT PERFORMED WAS $5.9 BILLION, REPRESENTING AN INCREASE OF 5.8% OVER 1991.

THIS CONSISTED OF $5.8 BILLION FOR SERVICE INCOME AND $0.2 BILLION FOR OTHER INCOMES.

THE

GROSS OPERATING SURPLUS AMOUNTED TO 13.4% OF THE GROSS 1992, REPRESENTING 3.2 PERCENTAGE POINTS LOWER THAN THE FIGURE OF 16.6% FOR 1991.

OUTPUT IN

THE TOTAL OPERATING EXPENDITURE

OF THESE ESTABLISHMENTS THIS WAS 3.2 PERCENTAGE

ACCOUNTED FOR 86.6% OF THE GROSS OUTPUT. POINTS HIGHER THAN THE FIGURE OF 83.4% FOR 1991.

THE TOTAL VALUE ADDED OF THESE ESTABLISHMENTS WAS $3.6 BILLION IN 1992, REPRESENTING AN INCREASE OF 2.1% OVER 1991. IT CONSTITUTED 61.4% OF THE GROSS OUTPUT PERFORMED. COMPARED WITH 1991, THIS PERCENTAGE DECREASED BY 2.3 PERCENTAGE POINTS.

SOME 870 ESTABLISHMENTS OPERATED IN THE ARCHITECTURAL, SURVEYING AND PROJECT ENGINEERING SERVICES SECTOR IN 1992.

FOR REAL ESTATE DEVELOPMENT PROJECTS, THE VALUE ACCRUED TO PRIVATE SECTOR PROJECTS DURING 1992 WAS $67.2 BILLION, REPRESENTING AN INCREASE OF 17.3% OVER THE CORRESPONDING VALUE IN 1991. THE INCREASE WAS LARGELY DUE TO INCREASED WORK DONE IN RESIDENTIAL BUILDINGS AND MULTI-PURPOSE COMMERCIAL PREMISES.

THE TOTAL PROJECT OUTLAYS AMOUNTED TO $31.6 BILLION WHICH INCLUDED, FOR INSTANCE, PAYMENTS TO CONTRACTORS AND INTEREST PAYMENTS.

SUMMARY STATISTICS FOR THE 1992 SURVEY OF BUILDING, CONSTRUCTION AND REAL ESTATE SECTORS WILL BE INCLUDED IN THE APRIL 1994 ISSUE OF THE HONG KONG MONTHLY DIGEST OF STATISTICS PUBLISHED BY THE CENSUS AND STATISTICS DEPARTMENT.

MORE DETAILED RESULTS WILL BE GIVEN IN A FULL SURVEY REPORT ΤΟ BE PUBLISHED IN JULY.

ENQUIRIES REGARDING THESE SURVEY RESULTS MAY BE DIRECTED TO THE BUILDING, CONSTRUCTION AND REAL ESTATE STATISTICS CENSUS AND STATISTICS DEPARTMENT ON TBL 839 3204.

SECTION

OF THE

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