| Land
Registrar |
|
Registry
Manager |
Business
Manager |
Change
Manager |
|
| Legal
Services |
- Urban
Registration
- New
Territories
- Search
& Technical Services
- General
Support Services
- Management
& Customer Services
|
- Business
Development
- Financial
Services
|
Change
Management |
Information
Technology |
The Land
Registry's key services are:
- Registration
of land documents
- Search of
land registers and records
- Supply of
copies of land records
- Certification
of copies of land records
Productivity
In the 2003/04 financial year, 523,129 land documents were lodged
for registration, an increase of 0.5% compared with the previous
year. An average of 1,920 documents were registered each working
day.
|
Number of Land Documents Lodged for
Registration
Per Month in 2003/04
|
|
2003/04 |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Yearly Total |
|
Number |
38,779 |
38,316 |
33,190 |
37,758 |
39,656 |
43,546 |
46,094 |
52,151 |
46,838 |
47,532 |
45,936 |
53,333 |
523,129 |
|
Number of Land Documents Lodged for
Registration
(2001/02 to 2003/04)
|
|
Year
|
Total number of
documents lodged |
Increase (decrease)
compared with previous year |
Average number of documents lodged
per working day |
2001/02 |
604,419 |
(7.4%) |
2,268 |
2002/03 |
520,552 |
(13.9%) |
1,907 |
2003/04 |
523,129 |
0.5% |
1,920 |
19.9% (103,953)
of the documents lodged for registration in 2003/04 were Sale and
Purchase Agreements of building units, a 28.2% increase over the
previous year. The total consideration of these Agreements was HK$246,564
million, up 41.2% over the previous year. The number and consideration
of these agreements are generally regarded as key indicators of
property market activity.
|
Distribution of Land Documents Lodged
for Registration in 2003/04
|
Nature |
Number |
Agreements for Sale and Purchase of Building Units |
103,953 |
Agreements for Sale and Purchase of Land |
1,192 |
Assignments of Building Units |
112,555 |
Assignments of Land |
2,524 |
Building Mortgages/Building Legal Charges |
109 |
Other Mortgages/Legal Charges |
100,981 |
Others |
201,815 |
Total |
523,129 |
|
Number and Consideration of Sale
and Purchase Agreements of Building Units Lodged
for Registration Per Month in 2003/04
|
2003/04 |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Yearly Total |
Number |
6,382 |
5,090 |
6,013 |
7,658 |
7,947 |
6,866 |
11,219 |
9,648 |
8,771 |
9,468 |
10,967 |
13,924 |
103,953 |
Consideration
(in HK$ million) |
12,846 |
9,395 |
11,510 |
16,706 |
15,307 |
13,868 |
32,101 |
21,312 |
19,476 |
22,630 |
30,487 |
40,926 |
246,564 |
|
Number and Consideration of Sale and
Purchase Agreements (SPAs) of
Building Units Lodged for Registration (2001/02
to 2003/04)
|
Year |
Total number of
SPAs lodged |
Increase (decrease) compared with previous year |
Average number of SPAs lodged
per working day |
Total consideration of SPAs
(in HK$ million) |
2001/02 |
89,733 |
4.1% |
337 |
195,237 |
2002/03 |
81,075 |
(9.6%) |
297 |
174,628 |
2003/04 |
103,953 |
28.2% |
381 |
246,564 |
Among the 103,953
Sale and Purchase Agreements, 82.6% (85,814) were Sale and Purchase
Agreements of residential units(note), a 25.5% increase
over the previous year. The total consideration of these Agreements
was HK$200,989 million, up 40.9% over the previous year.
|
Number and Consideration of Sale
and Purchase Agreements of Residential Units Lodged
for Registration
Per Month in 2003/04
|
2003/04 |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Yearly Total |
Number |
5,373 |
4,130 |
4,833 |
6,525 |
6,559 |
5,632 |
9,360 |
7,811 |
6,967 |
7,726 |
9,449 |
11,449 |
85,814 |
Consideration
(in HK$ million) |
10,520 |
7,488 |
8,969 |
12,493 |
12,203 |
11,247 |
27,729 |
17,637 |
15,370 |
18,028 |
26,311 |
32,994 |
200,989 |
|
Number and Consideration of Sale
and Purchase Agreements (SPAs) of Residential Units Lodged
for Registration (2001/02 to 2003/04)
|
Year |
Total number of
SPAs lodged |
Increase (decrease) compared with previous year |
Average number of SPAs lodged
per working day |
Total consideration of SPAs
(in HK$ million) |
2001/02 |
73,554 |
12.9% |
276 |
158,209 |
2002/03 |
68,368 |
(7.1%) |
250 |
142,630 |
2003/04 |
85,814 |
25.5% |
315 |
200,989 |
| Note: |
Sales of residential units refer to the Sale and Purchase Agreements with payment of stamp duty. These statistics do not include sales of units under the Home Ownership Scheme, the Private Sector Participation Scheme and the Tenants Purchase Scheme except those after payment of premium. |
3,388,061 searches
of land registers and records were made in 2003/04, a 9.5% increase
over the previous year. 90.1% of these searches were conducted by
private sector clients including solicitors’ firms and estate
agents. Approximately 12,430 searches were handled each working
day.
|
Number of Searches of Land Registers
and Records (2001/02 to 2003/04)
|
Year |
Total number of searches |
Increase (decrease)
compared with previous year |
Average number of searches per working day |
2001/02 |
3,498,462 |
(4.6%) |
13,127 |
2002/03 |
3,095,254 |
(11.5%) |
11,338 |
2003/04 |
3,388,061 |
9.5% |
12,433 |
The online land
search Direct Access Services (DAS), introduced since 15 September
1994, now accounts for 79% of searches of land registers and records.
|
Distribution of Searches of Land
Registers and Records (2001/02 to 2003/04)
|
DAS searches |
Counter searches |
Year |
Number |
Per cent |
Number |
Per cent |
2001/02 |
2,670,441 |
76.3 |
828,021 |
23.7 |
2002/03 |
2,354,594 |
76.1 |
740,660 |
23.9 |
2003/04 |
2,677,983 |
79.0 |
710,078 |
21.0 |
In 2003/04,
the Land Registry provided 461,490 sets of imaged copies and photocopies
of land documents to customers through counter searches and remote
orders via DAS. This was 3.2% higher than in 2002/03.
|
Number of Sets of Imaged Copies and
Photocopies of Land Records Supplied
(2001/02 to 2003/04)
|
Year |
Total number of sets of
imaged copies and photocopies supplied |
Increase (decrease)
compared with previous year |
Average number of sets of imaged copies and photocopies supplied
per working day |
2001/02 |
449,059 |
(5.9%) |
1,685 |
2002/03 |
447,095 |
(0.4%) |
1,638 |
2003/04 |
461,490 |
3.2% |
1,694 |
The Land Registry
certified 0.7% fewer copies of land records compared to 2002/03.
|
Number of Copies of Land Records
Certified
(2001/02 to 2003/04)
|
Year |
Total number of copies of land records certified |
Increase (decrease)
compared with previous year |
Average number of
land records certified
per working day |
2001/02 |
63,997 |
(6.2%) |
240 |
2002/03 |
55,842 |
(12.7%) |
205 |
2003/04 |
55,461 |
(0.7%) |
204 |
|
