The Land Registry of Hong Kong logged 9,434 sale and purchase agreements received for registration for all building units in June, an increase of 10.5 percent over May and up 29.7 percent year-on-year.

The total consideration for building unit sale and purchase agreements in June increased 13.7 percent from the previous month to HK$82.8 billion ($10.45 billion), representing a 24.7 percent year-on-year increase.

A total of 7,650 agreements were for residential units, up 7.2 percent from the previous month and up 28.5 percent from a year ago, data released on Friday shows.

The total consideration for residential units during the month was HK$75.6 billion, an increase of 15.3 percent compared with that in May and a rise of 23.8 percent year-on-year.

The number of searches of land registers made by the public in June was 505 404, up 12.3 percent compared with May.