The Land Registry - Monthly Statistics for February 2010

Current Monthly Statistics

The statistics generally relate to land transactions executed up to four weeks prior to their submission for registration, as there is usually a time lag between the execution of deeds and their lodgement for registration.

Consolidated Monthly Statistics in respect of deeds received for registration in the Land Registry

Month : February 2010

[Table summary]

Item	Nature of Deeds	Number of Deeds received for registration			Consideration (nearest $ million)
Item	Nature of Deeds	Urban	New Territories	Total	Urban	New Territories	Total
1.	Agreements for Sale and Purchase of Building Units	6,540 ( 7,170 )	6,883 ( 7,237 )	13,423 ( 14,407 )	32,061	16,623	48,684
2.	Agreements for Sale and Purchase of Land	11	205	216	1,003	945	1,948
Sub-total (1)+(2)		6,551	7,088	13,639	33,064	17,568	50,632
3.	Assignments of Building Units	6,811 ( 7,570 )	6,354 ( 6,899 )	13,165 ( 14,469 )	36,210	16,409	52,619
4.	Assignments of Land	14	395	409	1,063	1,152	2,215
Sub-total (3)+(4)		6,825	6,749	13,574	37,273	17,561	54,834
5.	Building Mortgages/Building Legal Charges	0	2	2	-	-	-
6.	Other Mortgages/Legal Charges	5,654	5,687	11,341	-	-	-
Sub-total (5)+(6)		5,654	5,689	11,343	-	-	-
7.	Receipts/Discharges/Releases	5,326	5,847	11,173	-	-	-
8.	Leases/Tenancy Agreements	181	119	300	-	-	-
9.	Exclusion Orders	0	0	0	-	-	-
10.	Others	5,251	4,257	9,508	-	-	-
Total		29,788	29,749	59,537	-	-	-

Note:Figures in brackets denote number of units involved

Comparison of Monthly Statistics

Month : February 2010

[Table summary]

Item		2010 February	2010 January	2009 February	February 2010 Increase(+) or Decrease (-)as compared with
					January 2010		February 2009
					No. or Consideration	%	No. or Consideration	%
1.	Agreements for Sale and Purchase of Building Units
	(a) No.	13,423	12,380	5,043	+1,043	+8.4	+8,380	+166.2
	(b) Consideration	48,684	44,712	15,874	+3,972	+8.9	+32,810	+206.7
2.	Agreements for Sale and Purchase of Land
	(a) No.	216	152	96	+64	+42.1	+120	+125.0
	(b) Consideration	1,948	2,211	814	-263	-11.9	+1,134	+139.3
Sub-total of (1)+(2)
(a) No.		13,639	12,532	5,139	+1,107	+8.8	+8,500	+165.4
(b) Consideration		50,632	46,923	16,688	+3,709	+7.9	+33,944	+203.4
3.	Assignments of Building Units
	(a) No.	13,165	13,381	6,497	-216	-1.6	+6,668	+102.6
	(b) Consideration	52,619	49,493	15,684	+3,126	+6.3	+36,935	+235.5
4.	Assignments of Land
	(a) No.	409	471	385	-62	-13.2	+24	+6.2
	(b) Consideration	2,215	5,793	643	-3,578	-61.8	+1,572	+244.5
Sub-total of (3)+(4)
(a) No.		13,574	13,852	6,882	-278	-2.0	+6,692	+97.2
(b) Consideration		54,834	55,286	16,327	-452	-0.8	+38,507	+235.8
5.	No. of Building Mortgages/Building Legal Charges	2	12	6	-10	-83.3	-4	-66.7
6.	No. of Other Mortgages/Legal Charges	11,341	11,906	4,952	-565	-4.7	+6,389	+129.0
Sub-total of (5)+(6)		11,343	11,918	4,958	-575	-4.8	+6,385	+128.8
7.	No. of Receipts/ Discharges/Releases	11,173	13,006	6,434	-1,833	-14.1	+4,739	+73.7
8	No. of Public Search	369,873	494,105	305,704	-124,232	-25.1	+64,169	+21.0

Note:Consideration rounded to the nearest million Hong Kong dollars.

Number of Sale and Purchase Agreements (ASP) of building units

Chart showing the number of sale and purchase agreements of residential and non-residentail building units for 13 months

Year	2009											2010
Month	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb
ASP for all building units	5,043	8,062	11,148	13,067	15,747	14,039	13,245	14,437	11,112	11,191	11,112	12,380	13,423
ASP for residential building units	4,487	7,102	9,856	11,788	13,805	12,023	11,250	12,285	9,300	9,213	9,108	10,656	11,733
12-month moving average for all ASP	7,728	7,483	7,500	7,744	8,067	8,493	9,063	9,652	10,074	10,691	11,164	11,715	12,414

Note:Sales of residential units refer to sale and purchase agreements with payment of stamp duty. These statistics do not include sales of units under the Home Ownership Scheme, the Private Sector Participation Scheme and the Tenants Purchase Scheme except those after payment of premium.

Year-on-year Rate of Change in the Number of
Sale and Purchase Agreements

year-on-year rate of change in the number of sale and purchase agreements

Number of Sale and Purchase Agreements of residential and non-residential building units
Year/Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2008	16,984	14,384	10,993	10,945	10,138	11,876	8,930	6,402	7,369	6,054	3,786	5,437
2009	5,759	5,043	8,062	11,148	13,067	15,747	14,039	13,245	14,437	11,112	11,191	11,112
2010	12,380	13,423

Number of Sale and Purchase Agreements of residential building units
and total consideration from February 2009 to February 2010

Year	Month	Range of Consideration ($ million)												Total
		Less than 1		1 to less than 2		2 to less than 3		3 to less than 5		5 to less than 10		10 or over		No.	Consideration ($ million)
		No.	%	No.	%	No.	%	No.	%	No.	%	No.	%	No.	Consideration ($ million)
2009	2	650	14	1,842	41	852	19	644	14	326	7	173	4	4,487	13,622
	3	954	13	2,904	41	1,227	17	1,094	15	454	6	469	7	7,102	25,448
	4	1,045	11	3,605	37	1,914	19	2,154	22	720	7	418	4	9,856	31,580
	5	1,085	9	4,702	40	2,378	20	1,938	16	1,099	9	586	5	11,788	39,423
	6	1,197	9	4,636	34	2,472	18	3,342	24	1,477	11	681	5	13,805	49,713
	7	1,067	9	4,467	37	2,317	19	2,338	19	1,199	10	635	5	12,023	43,567
	8	893	8	3,796	34	1,880	17	2,709	24	1,472	13	500	4	11,250	40,987
	9	922	8	4,523	37	2,361	19	2,142	17	986	8	1,351	11	12,285	56,163
	10	755	8	3,721	40	1,849	20	1,573	17	790	8	612	7	9,300	36,334
	11	708	8	3,660	40	1,855	20	1,581	17	814	9	595	6	9,213	38,154
	12	684	8	3,301	36	1,736	19	1,905	21	1,059	12	423	5	9,108	34,725
2010	1	628	6	4,062	38	2,195	21	2,294	22	1,057	10	420	4	10,656	36,154
2010	2	618	5	4,622	39	2,596	22	2,188	19	1,163	10	546	5	11,733	40,778

Note: Figures in percentage for individual items may not add up to 100% due to rounding.

Monthly Statistics in respect of Sale & Purchase Agreements of building units received for registration on regional basis

Month : February 2010

[Table summary]

Item	District	Sale and Purchase Agreements of Building Units
Item	District	No. of Transactions	Consideration (nearest $million)
1.	Hong Kong	2,977	17,167
2.	Kowloon	3,563	14,894
3.	Islands	304	932
4.	North	452	838
5.	Sai Kung	847	2,727
6.	Shatin	1,261	3,639
7.	Tai Po	446	1,153
8.	Tsuen Wan	1,476	3,592
`	Tuen Mun	1,004	1,601
10.	Yuen Long	1,093	2,141
Total		13,423	48,684

Disclaimer:

The statistics provided in this website are for reference only. While every effort has been made to ensure the accuracy of the statistics, the Land Registry shall accept no responsibility for any errors, omissions or misrepresentations in the statistics. In no event shall the Land Registry be held liable for any loss or damage whatsoever arising directly or indirectly from the use of or inability to use the statistics provided in this website.