The Land Registry logged 5,857 sale and purchase agreements for all building units received for registration in October, up 52.4% compared with September and up 99.4% year-on-year.

 

The total consideration for such agreements in September rose 50.6% from September, to $41.7 billion, representing a 43.6% year-on-year growth.

 

Of the agreements, 4,697 were for residential units, amounting to a 64.9% increase from September and a 121.2% surge from a year ago.

 

The total consideration for residential units was $37.3 billion, up 78.9% compared with September and up 52.2% year-on-year.

 

There were 394,484 land register searches last month.