XN000022-1995-12-11 — Page 12

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The following overseas officers will be superseded for promotion to Administrative Officer Staff Grade B1 with effect from January 1, 1996:

Michael Stone

Deputy Secretary for the Civil Service

Robert Wilson

Deputy Secretary for Health and Welfare

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Over 8,000 agreements lodged with Land Registry in November

A total of 8,008 sale and purchase agreements for building units, which include both residential and non-residential properties, were lodged with the Land Registry last month (November 1995).

The figure represents an increase of 27.8 per cent from that of October 1995, but a 3.4 per cent decrease when compared with the same month last year.

The total consideration of these agreements is $20.6 billion, up 24.8 per cent and down 30.8 per cent as compared with the amounts for October 1995 and November 1994 respectively.

The figures are contained in the monthly statistics released today (Monday) 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 October 1995 and November 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.

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