Issue link: https://maltatoday.uberflip.com/i/1451754
2 NEWS 17.2.2022 THE number of final deeds of sale re- lating to residential property amount- ed to 1,114 during January 2022, an in- crease of 105 deeds when compared to those registered a year earlier. In Jan- uary 2022, 664 promise of sale agree- ments relating to residential proper- ty were registered, a decrease of 317 agreements over the same period last year. In January 2022, the number of final deeds of sale relating to residential property amounted to 1,114, a 10.4 per cent increase when compared to those registered a year earlier. e value of these deeds totalled €232.5 million, 11.1 per cent higher than the corre- sponding value recorded in January 2021. In the month under review, 1,032, or 92.6 per cent, of these final deeds of sale involved individual buyers (house- holds), with companies accounting for virtually all the rest. e value of the deeds involving indi- vidual buyers (households) amounted to €199.9 million, equivalent to 86.0 per cent of the total value. With regard to the region the prop- erty is situated in, the highest numbers of final deeds of sale were recorded in the region of Għawdex, and the region of Il-Mellieħa and San Pawl Il-Baħar, at 200 and 124 respectively. e lowest numbers of deeds were noted in the region of Il-Birgu, L-Isla, Bormla and Il-Kalkara, and the region of L-Imdina, Ħad-Dingli, Ir-Rabat, L-Imtarfa and L-Imġarr. In these re- gions, 15 and 31 deeds were recorded respectively. Promise of sale agreements In January 2022, 664 promise of sale agreements relating to residential prop- erty were registered, equivalent to a 32.3 per cent decrease over the same period last year. Individual potential buyers (households) accounted for 548, or 82.5 per cent, of these agreements, while the rest mainly involved companies. e largest numbers of promise of sale agreements corresponded to res- idential properties situated in the region of Għawdex, and the region of Birkirkara, Il-Gżira, L-Imsida, Ta' Xbiex and San Ġwann, totalling 109 and 91 respectively. e lowest numbers were noted in respect of properties located in the region of Il-Birgu, L-Isla, Bormla and Il-Kalkara, and the region of Ħ'Attard, Ħal Balzan, L-Iklin and Ħal Lija. e first-mentioned region accounted for six agreements and the second region accounted for 23 agreements. Total value of final deeds of sale by period of registration 3 ΦPLOOLRQ 3HULRG -DQXDU\ )HEUXDU\ 0DUFK 4 $SULO 0D\ -XQH 4 -XO\ $XJXVW 6HSWHPEHU 4 2FWREHU 1RYHPEHU 'HFHPEHU 4 7RWDO ΦPLOOLRQ 3HULRG -DQXDU\ )HEUXDU\ 0DUFK 4 $SULO 0D\ -XQH 4 -XO\ $XJXVW 6HSWHPEHU 4 2FWREHU 1RYHPEHU 'HFHPEHU 4 7RWDO 1RWH5HIHUWRPHWKRGRORJLFDOQRWH 7DEOHD7RWDOYDOXHRIILQDOGHHGVRIVDOHE\SHULRGRIUHJLVWUDWLRQ 7DEOHE9DOXHRIILQDOGHHGVRIVDOHLQYROYLQJLQGLYLGXDOEX\HUVKRXVHKROGVE\SHULRGRIUHJLVWUDWLRQ Deeds of sale concluded in January reached €232.5m AS at the end of June 2021, the stock position of For- eign Direct Investment in Malta stood at €200.2 bil- lion, while Direct Investment abroad amounted to €58.5 billion. Foreign direct investment flows were estimated to be €1.5 billion during the first six months of 2021. is shows a decline of €183.7 million over the correspond- ing period in 2020. Financial and insurance activities accounted for 85.8 per cent of FDI flows in Malta. In June 2021, the stock position of FDI in Malta amounted to €200.2 billion, an increase of €8.2 billion over the corresponding month of 2020. Financial and insurance activities recorded the largest share at 97.5 per cent of FDI stocks in June 2021. Direct investment abroad During the first six months of 2021, direct investment flows abroad totalled €3.2 billion, an increase of €3.0 million over the amount registered in the previous year. is change was mainly brought about by chang- es in claims on direct investors. e stock position of direct investment abroad stood at €58.5 billion in June 2021, down by €775.0 million over the stock position in 2020. Financial and insurance activities made up 99.5 per cent of total FDI abroad. 2021 H1 FDI flows drop by €183.7 million 16 February 2022 | 1100 hrs | 023/2022 As at the end of June 2021, the stock position of Foreign Direct Investment in Malta stood at €200.2 billion, while Direct Investment abroad amounted to €58.5 billion. Direct Investment in Malta and Abroad: January-June 2021 Foreign Direct Investment (FDI) in Malta Foreign direct investment fl ows were estimated to be €1.5 billion during the fi rst six months of 2021. This shows a decline of €183.7 million over the corresponding period in 2020 (Table 1). Financial and insurance activities accounted for 85.8 per cent of FDI fl ows in Malta (Table 2). In June 2021, the stock position of FDI in Malta amounted to €200.2 billion, an increase of €8.2 billion over the corresponding month of 2020. Financial and insurance activities recorded the largest share at 97.5 per cent of FDI stocks in June 2021 (Table 3). Direct Investment Abroad During the fi rst six months of 2021, direct investment fl ows abroad totalled €3.2 billion, an increase of €3.0 million over the amount registered in the previous year. This change was mainly brought about by changes in claims on direct investors (Table 4). The stock position of direct investment abroad stood at €58.5 billion in June 2021, down by €775.0 million over the stock position in 2020. Financial and insurance activities made up 99.5 per cent of total FDI abroad (Table 6) -XQ -XQ -XQ -XQ ¼ELOOLRQ )',LQ0DOWD )',DEURDG SHULRG Cut-off date: 9 February 2022 Chart 1. FDI in Malta and abroad: stock positions as at the end of June FDI in Malta and abroad: stock positions as at the end of June