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Property sales dip 27.5%

The Land Registry recorded 3,189 sale and purchase agreements for all building units received for registration in February, down 27.5% compared with January and 46.7% lower year-on-year.   The total consideration for such agreements in February fell 32.9% from January, to $22.6 billion, while a 48.5% year-on-year decrease was recorded.   Of the agreements, 2,375 were for residential units, down 31.7% from January and 44.5% lower than a year ago.   The total consideration for residential units was $19.1 billion, a decrease of 31.3% compared with January and down 47.9% year-on-year.   There were 276,910 land register searches last month. http://dlvr.it/T3ZqYl

Quarantine orders issued

The Centre for Health Protection today said it is following up on a preliminary positive COVID-19 case that involves the N501Y mutant strain.   The centre explained that residents of Kennedy Terrace, 8 Kennedy Road in Mid-levels where the patient resided must be quarantined.   Noting that the N501Y mutant strain is with high transmissibility, the centre said it decided to carry out prudent measures on infection control and prevention to arrange a 21-day compulsory quarantine for asymptomatic residents of the building concerned to stop the potential risk of spreading the N501Y mutant strain.   Residents who are symptomatic will be sent to hospitals for treatment, it added.   Meanwhile, as the case concerned had stayed on the 6/F of Ramada Hong Kong Harbour View Hotel in Sai Ying Pun, quarantine orders will be issued to people who stayed on the same hotel floor as the patient from April 4 to 7, while those who stayed in the hotel between March 27 and April 23 are required to undergo testing by April 25.
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