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In Hong Kong, the Land Registry is a government department under the Development Bureau responsible for the administration of land registration. It also provides facilities for search of the Land Register and related records by the public and other government departments.
Government Property Agency (GPA) is an agency under the Financial Services and the Treasury Bureau of the Government of Hong Kong. Established on 1 April 1990, the Agency manages the government properties which were distributed among Government Secretariat , Lands Department , and Rating and Valuation Department .
An advertisement of Hong Kong Property Services (Agency) in a tram. Hong Kong Property Services (Agency) Limited (HKPS) is one of the largest real estate brokerage companies in Hong Kong. It was established in 1986. It was acquired by Cheung Kong Holdings in 1996, but sold to Midland Holdings in 2000. [1] It also establishes a subsidiary in ...
Hong Kong’s government has lifted curbs on property deals after home prices fell to a seven-year low, adding to the Chinese territory's woes. Finance minister Paul Chan announced the move in a ...
The Hong Kong Land Registry administers the Land Registration Ordinance and provides facilities for search of the Land Register and related records by the public and government departments. It has responsibility for the registration of owners corporations under the Building Management Ordinance.
Mortgage loans account for 25-30% of bank loans in Hong Kong. [1] Land ownership and land restrictions by the government risk inefficiencies with housing supply and demand. In 1998 there was a property price collapse; from 1997 to 2003 Hong Kong residential property prices fell by 61% [5] following the Asian economic crisis.
Below are the top 10 most expensive houses in Hong Kong. Prices (valuation) are based on best estimates in 2023. Factors determining prices include location, view, built quality, past transactions, media reports and annual figures published by Rating and Valuation Department of the Government. Rankings are based on per square foot.
MTR Properties is also a property agent, and provide services on Octopus Access Control System and environmental hygiene service. It operates the following shopping centres: Paradise Mall, Telford Plaza, Maritime Square, Luk Yeung Galleria, The Lane. Two IFC's property management company, Premier Management Services, is a unit of MTRC. [2]