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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 COVID-19 cases in restricted area

The Government announced that the compulsory testing exercise and enforcement operation for the Happy Valley restricted area finished today with no confirmed COVID-19 cases found.   It made a restriction-testing declaration last night, requiring people at Way Man Court, 50-52 Village Road to stay in their premises and undergo compulsory testing. As at 11pm, around 130 residents were tested.   In the subsequent enforcement action, about 20 people's test records were checked and all of them have undergone mandatory testing.   The Government also assigned staff to visit around 50 households, of which five did not answer the door. Follow-up measures will be taken.   According to the compulsory testing notice issued yesterday, people who had been at the premises for more than two hours from October 29 to November 19 must undergo compulsory testing by November 21 even if they were not in the restricted area when the declaration took effect.
http://dlvr.it/SCvRNZ

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