Flat transactions up 50.3pc in December 2017

Wednesday, January 03, 2018

The number of sale and purchase agreements for all building units received for registration in December last year was 7,158, representing a year-on-year increase of 2.7 percent, statistics released by the Land Registry today showed.

Among the transactions last month, 5,337 involved residential units - rose 50.3 percent when compared with December 2016, but declined 6.3 percent over November 2017.

Total dollar volume relating to residential units was HK$52.0 billion in December 2017 – 58.1 percent higher than a year ago, but down 3.5 percent from the previous month.