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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

John Lee's nomination form received

The sixth-term Chief Executive Election Returning Officer Keith Yeung today received a nomination form from John Lee.   The Candidate Eligibility Review Committee will publish in the Gazette a notice of all validly nominated candidates within seven days after the close of the nomination period.   A candidate's nomination must be subscribed by not less than 188 members of the Election Committee, with not less than 15 members of the committee in each of the five sectors.   The nomination period runs from April 3 to 16. As April 15 and 16 are both general holidays, the deadline for submitting the nomination form would be 5pm on April 14.
http://dlvr.it/SNVb3F

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