HK's flat sales down 9% in first half of 2011

08:40, July 07, 2011      

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Hong Kong's Land Registry announced Wednesday that the number of sale and purchase agreements for all building units received for registration for the first half of 2011 was 70,342, down 9 percent year-on-year.

It also meant a 17.7 percent decrease compared with the second half of 2010, according to statistics released by the Land Registry.

The total consideration for sale and purchase agreements during the first six months this year was 370.14 billion HK dollars (about 47.51 billion U.S. dollars), down 2.2 percent compared with the second half of 2010 but up 19 percent compared with the first half of 2010.

The number of assignments of building units for the first half of 2011 was 86,354, down 14.8 percent compared with the second half of 2010 but up 1 percent compared with the first half of 2010.

The total consideration for the assignments for the first half of 2011 was 392.16 billion HK dollars, up 5.8 percent compared with the second half of 2010 and up 23.9 percent compared with the first half of 2010.

Source:Xinhua
 
 
     
 
 
 
     
 
 
 
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(Editor:刘晓宁)

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