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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.

ICAC head tests positive for COVID-19

Independent Commission Against Corruption Commissioner Woo Ying-ming today tested positive via a COVID-19 nucleic acid test, the commission said.   He is awaiting isolation arrangement from the Department of Health’s Centre for Health Protection.   Mr Woo last went to work on August 19. He wore a mask and followed disease prevention measures at work, including conducting rapid antigen tests daily. He has no recent travel history.   The commission will thoroughly clean and disinfect the offices concerned, and continue to implement disease prevention measures vigorously. Relevant staff members will undergo COVID-19 tests according to the centre’s advice.

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