HONG KONG- The Land Registry of Hong Kong announced on Friday it recorded 4,795 sale and purchase agreements for residential units in November, up 3.3 percent from October but down 63.6 percent on a year-on-year basis.

Total consideration for sale and purchase agreements in respect of residential units was HK$35.8 billion, up 59.2 percent from October but down 39.2 percent from a year earlier.

The number of sale and purchase agreements for all building units received for registration in November was 5,982, an increase of 5.4 percent compared with October but down 62.5 percent from a year earlier.

The total consideration for sale and purchase agreements in November was HK$43.2 billion, up 56.6 percent on a month- on-month basis but down 41.7 percent on a year-on-year basis.