Asia: Property Rights Index

Export    Footnotes

Sort: Alphabetically  |  Ascending Rank  |  Descending Rank

Armenia	35
Azerbaijan	30
Bangladesh	25
Cambodia	30
China	20
Georgia	35
Hong Kong	90
India	50
Indonesia	30
Japan	70
Kazakhstan	30
Kyrgyztan	30
Laos	10
Malaysia	50
Mongolia	30
Myanmar	10
Nepal	30
North Korea	10
Pakistan	30
Philippines	30
Singapore	90
South Korea	70
Sri Lanka	50
Taiwan	70
Tajikistan	30
Thailand	50
Turkmenistan	10
Uzbekistan	30
Vietnam	10

Asia: Property rights index

A subcomponent of the Index of Economic Freedom, the property rights index measures the degree to which a countrys laws protect private property rights, and the degree to which its government enforces those laws.

Higher scores are more desirable, i.e. property rights are better protected. Scores are from 0 to 100.

The index also assesses the likelihood that private property will be expropriated and analyzes the independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts.

The Global Property Guide considers protection of property rights as a significant factor affecting the desirability of a residential real estate investment.

Source: The Heritage Foundation and the Wall Street Journal

Statistics in Asia. Asia has surprisingly good house price statistics, though the quality varies greatly. The ex-British colonies tend to have good house price statistics Hong Kong, Singapore and Malaysia all have excellent houses price time series, the best being Hong Kong, where the data is arguably richer than in the UK, since there are official rents statistics. However in the Indian sub-continent, only India has house price statistics, and this only in a new series, not yet available on the web.

Japan publishes no house price statistics. Its ex-colonies do better: Korea has a good house price time-series, and Taiwan also has one.

Indonesia has house price statistics, and so does China (both of questionable quality). In Thailand, the Bank of Thailand publishes a time-series. In the Philippines, Colliers produces residential property data.

No house-price time-series are produced in Vietnam, Cambodia, or Laos.