Lands & Survey Department Statistics

2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007

2007 Statistics

Charge and Stamp Duty Transaction Summary

2007 Q1 Q2 Q3 Q4
Number of Charges 982 1241 1081 1087
Value of Charges $129,750,120 $185,978,377 $99,913,884 $121,401,787
Stamp Duty Collected $10,713,708 $12,174,484 $12,245,060 $11,085,953

 

    Notes:
  • Number of Charges includes First and subsequent Charges, including Variations of existing Charges.
  • Value of Charges includes all Charges placed, including increases to existing Charges.
  • Stamp Duty Collected based on Daily Lodgements of all Stamp Duty collected within Lands & Survey, and reflects actual monies collected, not Stamp Duty Assessed.
  • All figures stated in CI $.

 


Lands & Property Transfers / Leases

2007 No. of Freehold Transfers Total Consideration No. of Leases Total Consideration No. of Lease Transfers Total Consideration No. of Purchase Agreements Total Consideration
Jan 156 $25,052,347 12 $247,100 8 $2,190,240 10 $3,802,676
Feb 163 $35,691,109 14 $261,337 3 $369,600 15 $18,479,869
Mar 148 $44,913,534 10 $0 4 $1,019,956 4 $754,000
Apr 134 $29,261,769 21 $699,839 1 $314,933 27 $2,152,182
May 182 $42,611,216 65 $1,590,215 2 $937,466 13 $2,217,876
Jun 156 $52,875,036 34 $1,029,610 1 $168,350 8 $2,295,500
Jul 215 $56,461,493 36 $1,001,755 6 $5,789,491 13 $381,080
Aug 205 $52,447,460 26 $289,357 2 $578,800 14 $338,501
Sep 246 $63,094,953 35 $620,563 5 $2,093,700 13 $1,029,245
Oct 232 $58,697,383 25 $309,324 2 $0 11 $3,972,965
Nov 185 $40,631,151 19 $124,366 2 $845,200 6 $2,065,857
Dec 168 $42,999,950 25 $130,102 2 $2,683,800 4 $335,000
TOTAL 2190 $544,737,401 322 $6,303,568 38 $16,991,536 138 $37,824,751

 

    Notes:
  • Number of Transfers includes Transfers of Undivided Shares, Transfers by Chargee, Transfers for Natural Love & Affection.
  • Number of Leases includes the grant of Sub-Leases.
  • Data provided indicates Consideration of documents assessed for Stamp Duty, and revenue collected cannot be derived from these figures.
  • All figures stated in CI $.

Average Sales Prices

Type of Property Number of Transactions Average Sales Price
Land 392 $174,416
Commercial Property 22 $521,873
Industrial Property 7 $167,400
Condominiums 363 $318,790
Residential Property 124 $400,992

Notes:

The analysis to provide these statistics was introduced in a phased approach in 2007, and hence a full dataset is not available for this year.  This information below should therefore only be used for informational purposes.  Nonetheless, it does indicate it does indicate a general stability in property prices during the last two years, in particular in the land and residential markets.
 

Average Sales Prices are compiled by the Valuation & Estates Office.  They reflect the total price of all outright freehold sales, recorded at the date of sale.  The type of property is based on the opinion of the Valuation Officer undertaking the Stamp Duty Assessment, and the average sales price is calculated by dividing the number of transactions by the total sale price.  Leasehold sales, Purchase Agreements, Transfers of a share of a property, for Natural Love & Affection, or through foreclosure are excluded from this calculation.