Core Viewpoint - Zhuhai's real estate registration reform has evolved significantly over the past decade, transitioning from in-person services to fully online processes, with new local standards set to be implemented by July 1, 2025 [1][2]. Group 1: Local Standards and Innovations - Zhuhai has introduced three local standards for real estate registration, including full online services for second-hand housing transfers, cross-border registration for Hong Kong and Macau residents, and cross-province services [1][2]. - The "1+N" smart service standardization pilot project has been approved, making Zhuhai the only digital and smart pilot project in the real estate registration sector nationwide [2]. - The newly released standards aim to address the unique needs of cross-border real estate transactions, particularly for Hong Kong and Macau residents, allowing them to complete registrations without leaving the border [2][3]. Group 2: Cross-Border and Cross-Province Services - Zhuhai has pioneered cross-border services, being the first in the country to implement cross-border mortgage transfers for second-hand housing and has expanded its services to 15 banks in Hong Kong and Macau [3]. - As of June 2025, Zhuhai's registration center has facilitated 6,156 cross-border mortgage registrations, amounting to 762.47 billion yuan, and has processed over 1,000 registrations for Hong Kong and Macau residents purchasing new homes [3]. - The cross-province service standard focuses on facilitating two-way remote processing of applications, with Zhuhai establishing partnerships with various cities, expanding its service network to 74 cities across 28 provinces [4]. Group 3: Trust Registration Initiatives - Zhuhai is exploring the implementation of real estate trust registration, collaborating with regulatory bodies to establish legal frameworks and operational processes [5][6]. - The initiative aims to activate the trillion-yuan real estate market and address the needs of high-net-worth individuals and cross-border asset holders in Zhuhai [6]. - The establishment of a trust registration system is seen as a natural extension of Zhuhai's registration reforms, with the potential to optimize asset allocation and mitigate financial risks [6].