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Land Registry releases statistics for first half of 2024
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     The Land Registry today (July 4) released its statistics for the first half of 2024.

Land registration
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* The number of sale and purchase agreements for all building units received for registration for the first half of 2024 was 35 089 (+51.2 per cent compared with the second half of 2023 and +0.8 per cent compared with the first half of 2023).

* The total consideration for these agreements for the first half of 2024 was $280.93 billion (+52.1 per cent compared with the second half of 2023 but -4.2 per cent compared with the first half of 2023).

* The number of assignments of building units for the first half of 2024 was 35 425 (-6.2 per cent compared with the second half of 2023 and -27.2 per cent compared with the first half of 2023).

* The total consideration for these assignments for the first half of 2024 was $213.74 billion (-20.3 per cent compared with the second half of 2023 and -33.5 per cent compared with the first half of 2023).

Land search
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* The number of searches of land registers made by the public for the first half of 2024 was 2 170 566 (-2.9 per cent compared with the second half of 2023 and -7.6 per cent compared with the first half of 2023).
 
Ends/Thursday, July 4, 2024
Issued at HKT 15:00
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