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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

10 virus cases in restricted areas

The Government today announced that 10 positive COVID-19 cases were found in the compulsory testing exercises for the restricted areas in Wong Tai Sin and Kwai Chung.   It made restriction-testing declarations yesterday to cover Toi Fung House of Fung Tak Estate in Wong Tai Sin and Kwai Yat House of Kwai Hong Court in Kwai Chung.   Nine positive and two indeterminate cases were detected at Toi Fung House where 1,853 people were tested.   At Kwai Yat House, 828 people underwent testing and one of them tested positive for the virus.   Government staff also visited 1,233 households in the two buildings and will follow up on those who did not answer the door.
http://dlvr.it/STMMdB

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