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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 11,984.   The centre reminded people linked to Tang Kung Mansion of Kam Din Terrace in Taikoo Shing to undergo compulsory testing tomorrow in accordance with the compulsory testing notice.   A total of 28 cases were reported in Hong Kong in the past 14 days and all of them are imported.   For information and health advice on COVID-19, visit the Government’s dedicated webpage.
http://dlvr.it/S4nFbH

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