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12,964 agreements lodged with Land Registry in April
A total of 12,964 sale and purchase agreements for building units, which include both residential and non-residential properties, were lodged with the Land Registry last month.
The figure represents an increase of 73 per cent from that of March this year, and a 5.7 per cent drop compared with April last year.
The total consideration of these agreements is $37.67 billion, up 84.7 per cent and down 27.8 per cent as compared with the amounts for March 1995 and April 1994 respectively.
The figures are contained in the monthly statistics released today (Saturday) by the Land Registry on deeds relating to property transactions received for registration in the Urban and New Territories Land Registries last month.
Relevant statistics for March 1995 and April 1994 were provided for comparison.
Figures on sale and purchase agreements received for the past 12 months and the year-on-year rate of change were also released.
The statistics generally relate to land transactions executed up to four weeks prior to their submission for registration, as there is usually a time lag between the execution of deeds and their lodgement for registration.
End/Monday, May 15, 1995
Tender for MTRC Notes
The Hong Kong Monetary Authority (HKMA) announced today (Monday) the tender for the inaugural issue of Mass Transit Railway Corporation (MTRC) Notes to be held on Friday (May 19).
An amount of HK$500 million in MTRC Notes will be offered for tender this Friday for settlement the following Monday (May 22).
The 5-year Notes, which mature on May 22, 2000, will carry interest at the fixed rate of 7.90 per cent per annum payable semi-annually in arrears.
No comments yet.
Private notes are available after approval.