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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

Tai Kok Tsui operation ends

The Government completed the compulsory testing and enforcement operation in the Tai Kok Tsui restricted area with no confirmed COVID-19 cases found.   It made a restriction-testing declaration 8pm yesterday, requiring people in Tower 6, Island Harbourview to stay in their premises and undergo compulsory testing. About 760 residents were tested.   In the subsequent enforcement operation which ended this morning, around 380 people were checked and no one was found breaching the compulsory testing requirement.   Government staff also visited about 280 households, with around 40 did not answer the door. They should contact the Government as soon as possible to arrange testing.   The Government reminded that people who stayed in the building for more than two hours from May 3 to 23 should get tested by May 25 even if they were not in the restricted area when the declaration took effect.  
http://dlvr.it/S0HMJ4

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