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Source: Hong Kong Information Services

The Land Registry recorded 6,581 sale and purchase agreements for all building units for registration in September, up 22.1% from August and 60.9% higher year-on-year.

The total consideration for sale and purchase agreements rose 12.6% from August to $51.3 billion, representing a 41% year-on-year increase.

Of the agreements, 5,024 were for residential units, up 15.3% from August and a rise of 45.7% compared to the same month a year ago.

The total consideration for residential units was $43.4 billion, up 8% compared with August and 56.9% higher than September 2019.

There were 459,045 land register searches last month.

MIL OSI Asia Pacific News