Number of building sale and purchase agreements hits 7,223 in January
The total consideration reached $68.5b.
The total number of sale and purchase agreements for building units received for registration by the Land Registry rose 38.4% YoY to 7,223 deals, according to data from the Land Registry.
The total consideration for the agreements also increased by 73.6% YoY to $68.5b.
Amongst the sale and purchase agreements, 72% or 5,270 were for residential developments to post a total consideration of $49.8b.