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  • November 24, 2014
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Results 1 - 10 of 281 for 15 per cent stamp duty

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  1. Business - Comment - MONITOR

    Early signs suggest new stamp duties haven't reined in prices

    Posted Jan 10th 2013, 12:00am by Tom Holland

    ... haven't reined in prices At the end of October, the Hong Kong government slapped a punitive 15 per cent stamp duty on all non-resident and corporate buyers of residential properties in an attempt ... Property Agency has now climbed by 1.25 per cent since the late October imposition of the buyers' stamp duty on non-residents. It's early days yet, of course. But it seems that despite ...

  2. Business - Companies - PROPERTY

    New World to keep pace on sales despite stamp duty

    Posted Nov 22nd 2012, 12:00am by Yvonne Liu

    ... would be affected by the stamp duty, only about 10 to 15 per cent of the homebuyers at new projects were from the mainland. "We didn't see mainland buyers decrease sharply, as only ... Yvonne Liu yvonne.liu@scmp.com New stamp duty has little effect on developer's sales timetable as few buyers are from mainland New World to keep pace despite tax New World Development ...

  3. Business - Property - PROPERTY

    Hong Kong home sales spike as locals jump in to buy

    Posted Feb 05th 2013, 12:00am by Sandy Li

    ... the government introducing a 15 per cent buyers' stamp duty for corporate buyers and non-permanent residents to cool the market. Total property transactions, including homes, offices and parking ... estate market." Chow said that so far this month 12 flats were sold to non-permanent residents, who must pay an extra 15 per cent buyer's stamp duty, compared with 11 similar deals last ...

  4. Business - Property - PROPERTY

    Cooling measures start to bite as homes market sees sharp sales drop

    Posted Jan 29th 2013, 12:00am by Peggy Sito

    ... On October 27 the government imposed a stamp duty of 15 per cent on non-locals and companies who buy homes. It also raised by 5 percentage points an across-the-board "special stamp duty ... with mainlanders accounting for just one in 15 transactions last month, down 40 per cent from November, data from the Centaline Property Agency showed. Wong Leung-sing, head of research at Centaline, ...

  5. Business - Property - PROPERTY

    Fears of more intervention as home sales rebound

    Posted Feb 04th 2013, 12:00am by Peggy Sito

    ... Home prices retreated by 1.6 per cent from a record high after the introduction of a new buyers' stamp duty and adjusted special stamp duty on October 27. But prices have since recovered ... The Centa-City Leading Index, which tracks home prices in 100 housing estates in Hong Kong's secondary market, rose 0.63 per cent week on week to 119.13 on February 1, a record. The index's ...

  6. Business - Companies

    Corrections & Clarifications

    Posted Nov 06th 2012, 12:00am

    ... The article on November 5 Business Post yesterday headlined "Flats tax dodge plan won't work: Lawyers" should have read "Flats tax dodge plan won't work: Accountants". ...

  7. Business - Money - PROPERTY

    Hong Kong's secondary home prices continue to fall in wake of stamp duty change

    Posted Dec 08th 2012, 12:00am by PEGGY SITO AND JOYCE NG

    ... residents and corporate buyers would have to pay an extra 15 per cent stamp duty on home prices. The added duty, which took effect on October 27, came on top of other duties aimed at checking ... Peggy Sito and Joyce Ng Secondary home prices continue fall on duties Hong Kong's secondary home prices are continuing to fall as the government's anti-speculative stamp duties ...

  8. Business - Companies - PROPERTY

    Cheung Kong's Justin Chiu says stamp duty unlikely to hit home prices

    Posted Nov 10th 2012, 12:00am by Peggy Sito

    ... buyers would have to pay an extra 15 per cent stamp duty on home prices. The added duty, which took effect the next day, came on top of other duties aimed at checking speculation. Data compiled ... Peggy Sito peggy.sito@scmp.com As secondary market hits new high, developer says residential property still a safe buy Stamp duty 'not likely to eat into' home prices ...

  9. Business - Companies - PROPERTY

    New residential stamp duty sends chill through mainland Chinese buyers

    Posted Nov 02nd 2012, 12:00am by Paggie Leung

    ... the measures. They include a 15 per cent buyer stamp duty on non-permanent residents and firms. The government also raised by five percentage points a special stamp duty on sellers introduced two years ... residential prices to fall 10 to 15 per cent in the next six months as a result of the new levies, while rents could edge down by 5 per cent. "With the … stamp duty and revisions to the special ...

  10. Business - Comment - MR. SHANGKONG

    New property tax a blow to the Hong Kong dream

    Posted Nov 05th 2012, 12:00am by George Chen

    ... the government unexpectedly announced an extra 15 per cent stamp duty for homebuyers who were not Hong Kong permanent residents. "Do you think the policy is a fair one for a non-permanent resident ... George Chen george.chen@scmp.com Government move to impose extra housing stamp duty on non-permanent residents penalises many taxpayers hoping to find a place to call home New property tax ...




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