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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

6 arrested for security law breach

Police's National Security Department arrested four men and two women aged between 32 and 67 in Tin Hau, Mong Kok, Ngau Tau Kok, Tsuen Wan, Sheung Shui and Cheung Chau on suspicion of committing an act or acts with seditious intention, contravening the Crimes Ordinance.   The arrested people are being detained for further enquiries.   They are suspected of having purposely caused a nuisance during their attendance for hearing in different courts, including the High Court, the West Kowloon Magistrates' Courts and the Eastern Magistrates' Courts, between December 2021 and January 2022.   These acts severely affected jurisdictional dignity and court operations.   Police also conducted searches at the arrested people's residences with a court warrant. A number of items in suspected connection with the case, including records of conspiracy to cause a nuisance in the courts, were seized.   Police reminded the public that doing an act or acts with seditious intention to bring into hatred or contempt or to excite disaffection against the administration of justice in Hong Kong is a serious crime. Offenders shall be liable to imprisonment for two years.
http://dlvr.it/SN3XG1

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