The Hong Kong skyline on April 7, 2020. The price of housing in the city is high enough without an obscure procedure adding to the cost and legal uncertainty. Photo: AFP The Hong Kong skyline on April 7, 2020. The price of housing in the city is high enough without an obscure procedure adding to the cost and legal uncertainty. Photo: AFP
The Hong Kong skyline on April 7, 2020. The price of housing in the city is high enough without an obscure procedure adding to the cost and legal uncertainty. Photo: AFP
Kai-Lung Hui
Opinion

Opinion

Kai-Lung Hui and Ivan Png

Why hasn’t Hong Kong updated its antiquated property title system yet?

  • The Land Titles Ordinance was enacted in 2004 to set up a new registration system, but it still has not been implemented
  • Homebuyers and owners need a digitised land register, like those in other leading cities, to reduce disputes, costs and uncertainty

The Hong Kong skyline on April 7, 2020. The price of housing in the city is high enough without an obscure procedure adding to the cost and legal uncertainty. Photo: AFP The Hong Kong skyline on April 7, 2020. The price of housing in the city is high enough without an obscure procedure adding to the cost and legal uncertainty. Photo: AFP
The Hong Kong skyline on April 7, 2020. The price of housing in the city is high enough without an obscure procedure adding to the cost and legal uncertainty. Photo: AFP
READ FULL ARTICLE
Kai-Lung Hui

Kai-Lung Hui

Kai-Lung Hui is a chair professor in the Department of Information Systems, Business Statistics, and Operations Management at the HKUST Business School. His academic interests include information privacy and security, IT policy, fintech, and electronic commerce.

Ivan Png

Ivan Png

Dr Ivan Png is Distinguished Professor in the NUS Business School and Department of Economics at the National University of Singapore