220 Infrastructure Development and Heritage Conservation
records for public inspection. Over 2.8 million land registers and 19 million documents can be accessed electronically.
Land Registry Business Volume in 2009
Registration Services
(Distribution of Land Documents Lodged for Registration)
Nature
Agreements for sale and purchase of building units.
Agreements for sale and purchase of land
Assignments of building units
Number
133 962
2 256
141 307
Assignments of land
Other mortgages/legal charges
6 159
Building mortgages/building legal charges
120
116 401
Others
263 937
Total
Search Services
(Distribution by Search Mode)
Counter Searches
664 142
Number
570 584
Per cent
10.7%
Online Searches*
Number
4 761 948
Per cent
89.3%
* Online searches are conducted through Integrated Registration Information
System (IRIS) Online Services.
Hong Kong currently adopts a deeds registration system. To provide greater security of title and enhance ease of conveyancing, the Land Titles Ordinance was enacted in 2004. As agreed with the Legislative Council, the law will not come into effect until a comprehensive review is completed and further amended legislation is passed. During the year, the Registry continued preparatory work for the Land Titles (Amendment) Bill and consultation with the stakeholders and the public.
New Development Projects
The Government remains committed to building new infrastructure and improving existing facilities to meet economic development needs and continues to invest heavily in infrastructure development. Work on providing land and infrastructure for urban areas and the new towns was progressing on schedule in 2009. The major development projects include:
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