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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

28 COVID-19 cases in Kwun Tong

The Government today announced that 28 positive COVID-19 cases were found in the compulsory testing exercise for the restricted area at Shing Tai House of On Tai Estate in Kwun Tong.   After making a restriction-testing declaration yesterday to cover the building, about 1,840 people were tested.   Government staff also visited about 780 households there and will follow up on those that did not answer the door.
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