FEWER PROPERTY DEALS YIELD HIGHER RETURNS

The Land Registry recorded 5,800 property transactions last month, up 25.5 per cent month on month but down 10.8 per cent year on year. Total deals reached HK$14.3 billion, up 79.3 per cent over February and 10.3 per cent more than a year ago. The sharper increase in value was due to the sale of more high-value luxury flats.