Hong Kong had 145,691 property sale and purchase agreements in 2007, up 47 percent on the year before, the Land Registry of Hong Kong said Friday.
The total consideration involved in these agreements recorded a66.8 percent year-on-year rise to 525.63 billion HK dollars (67.5 billion U.S. dollars). When compared with 2005, the figure represented a 32.9 percent increase.
There were 4,759,585 land record searches last year, up 20.3 percent on 2006 and 12.2 percent on 2005.
Source:Xinhua
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