Insights
Tag: sales and purchase agreement
Consideration for residential sale and purchase agreements up 17.9% in October
4 November 2014 - The Land Registry's statistics for October 2014 state that the number of sales and purchase agreements for all building units received for registration in October was 7,967, a decrease of 0.4% month-on-month but increase of 71.4% year-on-year. The total consideration for sale and purchase agreements in October was HK$68.6 billion
Conveyancing, Mortgages And Property Insurance In Hong Kong
1. Conveyancing Procedures1.1 TitleIn order to establish title to a property, it is necessary to check all title documents affecting it. There are many issues of varying materiality that are a common cause of questions and delays and which can affect a property’s liquidity. Title insurance is available in Hong Kong and provides protection agains
A Guide to Hong Kong's Real Estate System and Property Tax
1. Land Holdings and Registration Systems1.1 Land holdingsAll land in Hong Kong is owned by the People’s Republic of China as State property and is managed by the Government of the Hong Kong Special Administrative Region (Government) under the Basic Law of Hong Kong.Land identified as suitable for private development is sold by the Government thro
Property transaction records reach 17-month high
5 August 2014 - The Land Registry yesterday released statistics indicating that 9,400 sale and purchase agreements were received for all building units in July. The figure marks a 17-month record high. Of the total S&P agreements submitted, 7,792 were for residential units, marking an increase of 30.7% on June and 95.5% on July last year. Turnove
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