|
Over half of all Hong Kong families own registered property or are becoming property owners |
|
|
Banks and financial institutions loan over HK$1,000 billion against the security |
|
of registered land and property |
|
|
Over 4 million searches of registered information take place each year |
|
|
60 Government departments use Land Registry information for purposes ranging from |
|
planning studies and criminal investigations to guidance on allocating public housing |
benefits and social security |
|
|
Registered information traces property transactions back to 1844. Some records have |
|
information going back to the 1700s. The registers are a resource for the economic |
and social history of Hong Kong |