XN000022-1996-11-04 — Page 11

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Land Registry statistics for October released

A total of 13,889 sale and purchase agreements for building units, which include both residential and non-residential properties, were lodged with the Land Registry last month (October).

The figure represents an increase of 31.7 per cent from that of September this year and an increase of 121.7 per cent compared with October last year.

The total consideration of these agreements in the month is $48.4 billion, representing an increase of 65.8 per cent and 193.1 per cent respectively when compared with the amounts for September 1996 and October last year.

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 in October 1996.

Relevant statistics for September 1996 and October 1995 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.

These 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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Students invited to take part in radio play contest

Secondary and primary students are invited to participate in a radio play contest Respect our teachers and love our students.

"The contest is aimed at providing an opportunity for students to develop their creative potential in radio play and to work closely with teachers and parents," Education Officer, Mrs Lau Tam Lai-yi, said.