 |
Services and Workload
The major services provided by the Land Registry are:
- registration of land documents;
- search of land registers and records;
- supply of copies of land records; and
- certification of copies of land records.
Registration of Land Documents
In the financial year 1 April 2006 - 31 March 2007, 591,968 land documents were lodged for registration, a decrease of 10.9% compared with the previous year. About 2,180 documents were registered in each working day.
Number of Land Documents Lodged for Registration
| Year |
Total number of documents lodged |
Increase (decrease) compared with previous year |
Average number of documents lodged per working day |
| 2005/06 |
664,628 |
2.4% |
2,421 |
| 2006/07 |
591,968 |
(10.9%) |
2,180 |
Distribution of Land Documents Lodged for Registration in 2006/07
| Nature |
Number |
Agreements for Sale and Purchase of Building Units
|
105,076 |
Agreements for Sale and Purchase of Land
|
2,067 |
Assignments of Building Units
|
128,470 |
Assignments of Land
|
5,949 |
Building Mortgages/Building Legal Charges
|
140 |
Other Mortgages/Legal Charges
|
106,076 |
Others [For example, Tenancy Agreement, Probate, etc]
|
244,190 |
| Total |
591,968 |
105,076 (17.8%) of the documents lodged for registration in 2006/07 were Sale and Purchase Agreements of building units. The number of these Agreements is generally regarded as a key indicator of the level of activity in the property market.
Number of Sale and Purchase Agreements (SPAs) of Building Units Lodged for Registration
| Year |
Total number of SPAs lodged |
Increase (decrease) compared with previous year |
Average number of SPAs lodged per working day |
| 2005/06 |
114,896 |
(3.6%) |
419 |
| 2006/07 |
105,076 |
(8.5%) |
387 |
Number of Land Documents Lodged for Registration Per Month in 2006/07
2006/07
| Apr |
May |
Jun |
Jul |
Aug |
Sep |
|
| 41,061 |
49,594 |
53,456 |
50,562 |
50,908 |
52,103 |
|
| Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Yearly Total |
| 45,502 |
48,257 |
46,386 |
56,191 |
44,199 |
53,749 |
591,968 |
Number of Sale and Purchase Agreements (SPAs) of Building Units Lodged for Registration Per Month in 2006/07
2006/07
| Apr |
May |
Jun |
Jul |
Aug |
Sep |
|
| 8,598 |
9,332 |
8,508 |
6,661 |
8,634 |
11,206 |
|
| Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Yearly Total |
| 7,554 |
8,539 |
8,579 |
8,807 |
9,188 |
9,470 |
105,076 |
Number and Consideration of Sale and Purchase Agreements of Building Units Lodged for Registration Per Month in 2006/07
| 2006/07 |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
|
| Number |
8,598 |
9,332 |
8,508 |
6,661 |
8,634 |
11,206 |
|
| Consideration (in HK$ million) |
48,480 |
33,199 |
24,568 |
17,369 |
25,064 |
34,137 |
|
| 2006/07 |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Yearly Total |
| Number |
7,554 |
8,539 |
8,579 |
8,807 |
9,188 |
9,470 |
105,076 |
| Consideration (in HK$ million) |
21,734 |
25,938 |
28,436 |
27,183 |
26,613 |
32,035 |
344,756 |
Number and Consideration of Sale and Purchase Agreements (SPAs) of Building Units Lodged for Registration
| 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) |
| 2005/06 |
115,166 |
(3.3%) |
420 |
358,353 |
| 2006/07 |
105,076 |
(8.8%) |
387 |
344,756 |
Number and Consideration of Sale and Purchase Agreements of Residential Units Lodged for Registration Per Month in 2006/07
| 2006/07 |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
|
| Number |
6,849 |
7,812 |
7,150 |
5,398 |
7,032 |
9,811 |
|
| Consideration (in HK$ million) |
20,244 |
23,372 |
19,432 |
13,764 |
21,036 |
28,968 |
|
| 2006/07 |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Yearly Total |
| Number |
6,335 |
7,106 |
7,255 |
7,485 |
7,804 |
8,039 |
88,076 |
| Consideration (in HK$ million) |
18,152 |
19,461 |
22,370 |
21,351 |
22,132 |
25,191 |
255,473 |
Number and Consideration of Sale and Purchase Agreements (SPAs) of Residential Units Lodged for Registration
| 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) |
| 2005/06 |
96,244 |
(0.6%) |
351 |
284,593 |
| 2006/07 |
88,076 |
(8.5%) |
324 |
255,473 |
Search of Land Registers and Records
 4,392,580 searches of land registers and records were made in 2006/07, a 2.5% decrease compared with the previous year. About 16,179 searches were handled in each working day. Nearly 87% of the searches were conducted through the IRIS Online Services.
Number of Searches of Land Registers and Records
| Year |
Total number of searches |
Increase (decrease) compared with previous year |
Average number of searches per working day |
| 2005/06 |
4,504,151 |
9.0% |
16,409 |
| 2006/07 |
4,392,580 |
(2.5%) |
16,179 |
Distribution of Searches of Land Registers and Records
| Year |
Online searches |
Counter searches |
| Number |
Per cent |
Number |
Per cent |
| 2005/06 |
3,805,231 |
84.5 |
698,920 |
15.5 |
| 2006/07 |
3,811,922 |
86.8 |
580,658 |
13.2 |
Supply of Copies of Land Records
In 2006/07, the Land Registry provided 648,326 sets of imaged copies and photocopies of land records to the customers, a 3.3% decrease compared with the previous year.
Number of Sets of Imaged Copies and Photocopies of Land Records Supplied
| 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 |
| 2005/06 |
670,771 |
13.0% |
2,444 |
| 2006/07 |
648,326 |
(3.3%) |
2,388 |
Certification of Copies of Land Records
In 2006/07, the Land Registry certified 136,434 copies of land records, which was 1.6% less than the previous year.
Number of Copies of Land Records Certified
| Year |
Total number of copies of land records certified |
Increase (decrease) compared with previous year |
Average number of land records certified per working day |
| 2005/06 |
138,587 |
66.3% |
505 |
| 2006/07 |
136,434 |
(1.6%) |
503 |
IRIS Online Services
 Since February 2005, we have been providing search services over the internet (IRIS Online Services) for 16 hours a day, 7 days a week. To promote the service, we had showcased the IRIS Online Services at the ICT Pavilion 2006 and ITU Telecom World 2006. Briefing sessions on the use of IRIS Online Services were organized for government departments in May 2006. 314 users from 27 departments had attended the briefing sessions.
By the end of March 2007, the number of subscribers to the IRIS Online Services reached 620. Searches conducted online grew to a record high of 90% of the total search volume. Searches by ad hoc users by means of credit cards and PPS constituted 16% of all online searches.
Staff Productivity
Over the year, the overall efficiency of the registration and search processes has been increasing steadily. For the registration service, the output per man-day has increased from 34 in March 2006 to 35 as of March 2007. For the counter search, the outputs per man-day for search of land registers and imaged copies have increased from 75 to 90 and from 67 to 77 respectively.
Best viewed with 800 x 600 resolution on IE5.0 or Netscape 4.7 or above.
|
