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Murali Pillai on Electronic Conveyancing and Other Matters Bill

29:36 Min

The Electronic Conveyancing and Other Matters Bill will streamline conveyancing in Singapore. Through the Digital Conveyancing Portal and HDB Flat Portal, property transactions will be transformed significantly from a paper-based process to a secure digital journey that benefits all Singaporeans selling and buying properties, said Senior Minister of State for Law Murali Pillai. Outlining the key features of the bill in parliament on Wednesday (Oct 15), he said the legislative amendments have been carefully considered with security and integrity at their core. They will incorporate strong and secure safeguards and measures that will ensure that the integrity of property transactions remains uncompromised in the digital age. The bill will also enable a larger number of donors to benefit from the convenience of remote witnessing of the execution of instruments to be registered as Lasting Power of Attorney, while ensuring sufficient safeguards. Mr Murali told the House that the amendments represent a significant step in Singapore's digitalisation journey and show how the government uses technology to protect and advance the interests of Singaporeans.

The Electronic Conveyancing and Other Matters Bill will streamline conveyancing in Singapore. Through the Digital Conveyancing Portal and HDB Flat Portal, property transactions will be transformed significantly from a paper-based process to a secure digital journey that benefits all Singaporeans selling and buying properties, said Senior Minister of State for Law Murali Pillai. Outlining the key features of the bill in parliament on Wednesday (Oct 15), he said the legislative amendments have been carefully considered with security and integrity at their core. They will incorporate strong and secure safeguards and measures that will ensure that the integrity of property transactions remains uncompromised in the digital age. The bill will also enable a larger number of donors to benefit from the convenience of remote witnessing of the execution of instruments to be registered as Lasting Power of Attorney, while ensuring sufficient safeguards. Mr Murali told the House that the amendments represent a significant step in Singapore's digitalisation journey and show how the government uses technology to protect and advance the interests of Singaporeans.

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