The Land Registry of Hong Kong recorded 5,857 sale and purchase agreements for all building units received for registration in October, up 52.4 percent compared with September.

On a year-on-year basis, the sales recorded a 99.4 percent increase, according to data released by the Land Registry on Monday.

The total consideration for such agreements jumped 50.6 percent from September to HK$41.7 billion ($5.36 billion) in October, or a 43.6 percent increase year-on-year.

Of the agreements, 4,697 were for residential units, up 64.9 percent from September and 121.2 percent higher than a year ago.

ALSO READ: Fall in land registration, searches marks soft property market in HK

The total consideration for residential units was HK$37.3 billion, a jump of 78.9 percent compared with September and an increase of 52.2 percent from October last year.

The number of searches of land registers made by the public in October reached 394,484, also up 11.1 percent compared with September and 7.9 percent higher compared with the same period last year.