Mission

The role of the Land Valuation Department is to assess and adjudicate the monetary value of land and buildings for stamp duty purposes. Stamp duty is a tax paid on most land transfers.The Land Valuation Officer is Government’s expert and values all Crown land for grant or lease and private lands that are being acquired for public purposes.

The Department is responsible for ensuring that the Government receives good value for money in all transactions involving landed properties. These transactions include disposal or purchase of land and buildings, rented premises, compulsory acquisition of land, etc.

In carrying out this mandate, the Department liaises with other Government Departments such as the Survey & Mapping, Land Registry, Crown Land Unit, and Planning Departments. The Ministry of Finance, Ministry of Works and the TCI Investment Agency are also involved in the process.

The main pieces of legislation which touch on our day-to-day work include the Stamp Duty Ordinance, the Land Holding Companies (Transfer Duty) Ordinance, the Land Acquisition Ordinance, the Registered Land Ordinance and other minor ordinances.

Contact

Land Valuation Offices