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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

No new COVID-19 cases in HK

The Centre for Health Protection announced that as of midnight, no new COVID-19 cases have been recorded, leaving the number of confirmed cases in Hong Kong at 11,877.   A total of 40 cases were reported in Hong Kong in the past 14 days, including three local cases, of which one is from an unknown source.   For information and health advice on COVID-19, visit the Government’s dedicated webpage.
http://dlvr.it/S1dL3m

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