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Infrastructure Development and Heritage Conservation
Land Registration
The Land Registry provides a comprehensive service for registering documents affecting land and keeping land records in electronic format for public search. Over 2.9 million land registers and 21 million documents can be retrieved electronically.
Land Registry Business Volume in 2013
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 Assignments of land
Building mortgages/building legal charges
Other mortgages/legal charges
Others
Total
Search Services
(Distribution by Search Mode)
Counter Searches
Number
436,654
Per cent
9%
Number
70,503
2,147
98,928
7,223
89
87,123
204,343
470,356
Online Searches via Internet
Number 4,420,127
Per cent
91%
Hong Kong currently adopts a deeds registration system. To enhance certainty of title and simplify conveyancing procedures, the Land Titles Ordinance has been enacted but it will not come into effect until a comprehensive review is completed and the necessary amending legislation is passed. During the year, the Land Registry consulted major stakeholders on a further revised mechanism for converting existing land registered under the current system into land under the new land titles registration system. The registry is considering their views and will continue preparatory work for the introduction of the land titles registration system.
Infrastructure Investment
The government is committed to building new infrastructure and improving existing facilities. to meet economic development needs, and to improve the living environment. Infrastructure investment in Hong Kong reached $62.4 billion in 2012-13 and a sum of about $70 billion has been earmarked for 2013-14. The government will continue to invest in infrastructure development and investment is anticipated to exceed $70 billion per year for the next few
years.
Major Development Projects
The Liantang/Heung Yuen Wai Boundary Control Point
The Liantang/Heung Yuen Wai Boundary Control Point (BCP) is a joint project by the Hong Kong SARG and the Shenzhen Municipal People's Government to enhance the overall cross-boundary
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