When we need to conduct asset evaluation on land and buildings, we need to collect relevant information. Rating and Valuation Department and the Lands Department is the most common way we are looking for.

Major responsibilities of the Rating and Valuation Department are:

• Assessment of properties to Rates and Government Rent under the Rating Ordinance (Cap. 116) and the Government Rent (Assessment and Collection) Ordinance (Cap. 515).
• Accounting and billing of Rates and Government Rent.
• Provision of property valuation services to Government departments.
• Provision of property information to Government departments, public bodies and the private sector.
• Administration of the Landlord & Tenant (Consolidation) Ordinance (Cap.7).
• Provision of advisory and mediatory services to the public on landlord and tenant matters in respect of residential properties.
• http://www.rvd.gov.hk/

Major responsibilities of the Lands Department are:

• Answers to public enquiries
• Lease modifications and land exchanges
• Rebuilding of temporary domestic structures
• Land acquisition
• Processing of New Territories small house applications
• Certificates of Compliance
• Approval of development plans
• http://www.landsd.gov.hk/

When we need to conduct asset evaluation on some business and company, we need to collect relevant information. Hong Kong Exchanges and Clearing Limited is the main way we are looking for.

Major responsibilities of the Hong Kong Exchanges and Clearing Limited are:

• Regulates listed issuers and administers listing
• Regulates trading and clearing rules
• Provides services, primarily at the wholesale level, to participants and users of its Exchanges and Clearing Houses
• http://www.hkex.com.hk/eng/index.htm

“Initial Public Offering” (IPO) refers to a company or institution IPOs to public investors, to raise funds.

When a company wants to offer new shares to the public in order to raise funds, they must meet the provisions of the market, regulatory authorities, such as seeking an independent valuation report from the third party.

Our team has extensive experience in pre-IPO project, welcome for the further information.

In Hong Kong, a professional surveyor needs to be a member of Hong Kong Institute of Surveyors and go through a series of professional assessment test.

In surveying industry it is divided into six different groups (Building Surveying, General Practice, Land Surveying, Planning and Development, Property and Facility Management and Quantity Surveying). Each of the category has different knowledge and requirements.

There is always a need to further study whether members are newly qualified or have many years’ experiences. All corporate members are required to complete a minimum of 60 hours of CPD over a three year period.

Therefore, surveyors’ acceptability is undoubted.

Hong Kong Institute of Surveyors website:

http://www.hkis.org.hk/en/professional_intro.php