The Land Registry recorded 5,284 sale and purchase agreements for all building units received for registration in May, down 8.2% compared with April and 33.5% lower year-on-year.
The total consideration for such agreements dropped 30.1% from April to $44.6 billion in May, while a 42.1% year-on-year decrease was recorded.
Of the agreements, 4,003 were for residential units, down 12.7% from April and 35.5% lower than a year ago.
The total consideration of residential units was $36.8 billion, a decrease of 29.8% compared with April and down 36.6% from May last year.
There were 413,181 land register searches last month.
The value of Hong Kong’s total exports increased to $384.5 billion in March, up 4.7% on the same month last year, the C...
Chief Executive John Lee today hosted a welcome dinner for the Asia-Pacific Economic Cooperation Business Advisory Counci...
The CareerConnect Expo will be held on May 7 and 8 in the Convention & Exhibition Centre concurrently with the Global...
I have great pleasure to meet you all at the second meeting of the APEC Business Advisory Council (ABAC) this year. This ...