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Hong Kong's building unit sales consideration rise 35.1% in H1
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09:02, July 05, 2008

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Hong Kong's building units sales remained robust in the first half of 2008 from a year earlier but dipped on the second half of 2007, revealed the Land Registry's latest statistics here Friday.

The amount of consideration involved in all types of building units sales agreements totaled 288.73 billion HK dollars (70.02 billion U.S. dollars), up 35.1 percent on the same period last year but down 7.4 percent on the second half of 2007, according the Land Registry.

A total of 75,320 sale and purchase agreements for all types of building units were registered in the first half of the year, the Land Registry said, up 18.6 percent on the same period last year but down 8.4 percent on the second half of 2007.

According to the Land Registry, 100,429 assignments of building units were lodged for registration during the first half, up 40.7 percent on the same period last year and 15.5 percent on the second half of 2007.

Source: Xinhua



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