The value of real estate sales in Hong Kong rose 25% to HK$28.3 billion in February from HK$22.6 billion in the year-ago period, according to data from the city's Land Registry released Tuesday.

The figure is the lowest since September 2023 with 3,843 units and a value of HK$27.7 billion, the South China Morning Post reported separately.

Sales rose 35% to 4,307 units from 3,189 units a year earlier, the registry said.

However, on a monthly basis, sales fell 13% while the sales value declined 23%.

Land sales rose 28% to 188 from 147 a year earlier while the value fell 49% to HK$922 million from HK$1.80 billion a year earlier.