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The Land Registry received 59,619 sale and purchase agreements for all building units in 2022, down 38% year-on-year and 18.7% less compared with 2020. The total consideration for these agreements for 2022 was $554.46 billion, down 39.6% year-on-year and an 11.8% drop compared with 2020. The number of assignments of building units for 2022 was 85,976, down 26.8% on the previous year and 3.4% lower than 2020. The total consideration for these assignments was $691.35 billion, down 25.2% compared with 2021 but 5.1% more than 2020. There were 4,878,773 land register searches made last year.
(The source: new.gov.hk) |
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