Land Registry releases Trading Fund Annual Report
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The Land Registrar, Mr Bruno Luk, said, "In 2025/26, our revenue and profit (including interest income) registered an increase of 11.1 per cent to $443.7 million and 580.8 per cent to $71.4 million respectively. This was mainly due to higher revenue from registration of documents, driven by an increase in instruments lodged, and further supported by fee revisions of several registration services in July 2025. The LRTF recorded a positive overall financial return on fixed assets of 3.7 per cent, a significant increase from -12.3 per cent in 2024/25. We continued to reinforce cost discipline through efficiency initiatives and streamlined workflows."
Mr Luk said that significant progress has been made in advancing the title registration system (TRS) for new land. Following the passage of the Registration of Titles and Land (Miscellaneous Amendments) Bill 2025 by the Legislative Council (LegCo) in September 2025, preparatory work for the implementation of the TRS is in full swing. The Government has tabled the subsidiary legislation at the LegCo on October 21, and is planning publicity and educational activities for the general public and industry practitioners with a view to implementing the TRS for new land in the first half of 2027.
Regarding the conversion of existing land to the TRS, the LR has launched internal research to evaluate the scope and types of title issues present in the existing three million land registers by conducting sample screening to facilitate the formulation of feasible conversion proposals. The Government has shared the preliminary findings from these screening exercises and the initial views on conversion proposals with LegCo Panel on Development in July this year. The LR aims to formulate a conversion proposal for discussion with stakeholders after implementing the TRS on new land, with a view to expanding the TRS to existing land progressively. The LR expected that the experience gained after the implementation of the TRS on new land will facilitate various parties in reaching a consensus on the conversion mechanism.
In alignment with the Government's vision to leverage artificial intelligence (AI) and digital technologies for enhancing public service, the LR has further expanded digital access capabilities for financial institutions by broadening the application programming interface coverage to include Owner's Properties Information Check service in January this year through collaboration with the Hong Kong Monetary Authority and the Digital Policy Office. The LR has also commenced an AI proof-of-concept study to screen the title chain of the existing three million land registers to facilitate the conversion of existing land from the deeds registration system to the TRS. Furthermore, the LR is developing a new e-lodgement system to support online registrations under the TRS which will be implemented in 2027.
The Annual Report was tabled in the LegCo today. It can also be viewed or downloaded from the LR's website (www.landreg.gov.hk).
Ends/Wednesday, October 28, 2026
Issued at HKT 16:00
Issued at HKT 16:00
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