Hong Kong Land Registry May deals value up 3.1 pct on-mth; up 35.3 pct on-yr
http://www.afxnews.com/
HONG KONG (XFN-ASIA) - Property transactions registered at the Land Registry of Hong Kong in May totaled 44.9 bln hkd in value terms, up 3.1 pct from the preceding month, and up 35.3 pct year-on-year, the agency said in a statement.
In terms of the number of transactions, the deals were up 19.3 pct month-on-month at 13,090.
Of the total number of deals, 11,110 involved the sale and purchase of apartments, an increase of 16.6 pct over April and a rise of 42.2 pct compared with May last year.
The total consideration for the sale and purchase of apartments in May reached 38.2 bln hkd, down 3.2 pct over April, but up 63.4 pct compared with the amount recorded in May last year.
The Land Registry said the sales of residential units did not include those under the Home Ownership Scheme, the Private Sector Participation Scheme and the Tenants Purchase Scheme, except those undertaken after payment of the premium.
(1 usd = 7.8 hkd)
http://www.afxnews.com/
HONG KONG (XFN-ASIA) - Property transactions registered at the Land Registry of Hong Kong in May totaled 44.9 bln hkd in value terms, up 3.1 pct from the preceding month, and up 35.3 pct year-on-year, the agency said in a statement.
In terms of the number of transactions, the deals were up 19.3 pct month-on-month at 13,090.
Of the total number of deals, 11,110 involved the sale and purchase of apartments, an increase of 16.6 pct over April and a rise of 42.2 pct compared with May last year.
The total consideration for the sale and purchase of apartments in May reached 38.2 bln hkd, down 3.2 pct over April, but up 63.4 pct compared with the amount recorded in May last year.
The Land Registry said the sales of residential units did not include those under the Home Ownership Scheme, the Private Sector Participation Scheme and the Tenants Purchase Scheme, except those undertaken after payment of the premium.
(1 usd = 7.8 hkd)
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