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Results 1 - 10 of 2413 for 15 per cent stamp duty

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  1. News - Hong Kong - PROPERTY

    Higher stamp duties approved by Legco 16 months after being imposed

    Posted Feb 23rd 2014, 05:11am by Tony Cheung

    ... the stamp duty at non-local buyers has also been effective in squeezing out mainland investors. Property agency Centaline estimates 42 per cent of buyers of new homes were non-local before the 15 ... Analysts said the imposition of the stamp duties had popped the property market bubble. Brokerage house CLSA projects a 10 per cent drop in prices this year and a further 5 per cent drop next year. ...

    http://www.scmp.com/news/hong-kong/article/1433559/higher-stamp-duties-approved-legco-16-months-after-being-imposed
  2. News - Hong Kong - PROPERTY

    New 15 per cent stamp duty may hit expatriate homebuyers

    Posted Oct 28th 2012, 12:00am by Johnny Tam, Tony Cheung

    ... pay 10 per cent of a home's value in Additional Buyer's Stamp Duty- 5 percentage points less than such buyers must pay in Hong Kong. ... Johnny Tam and Tony Cheung Stamp duty aimed at speculators could deter not-yet-permanent residents from buying New levy will block expatriates It may be targeted at property speculators, ...

    http://www.scmp.com/news/hong-kong/article/1071453/new-15-cent-stamp-duty-may-hit-expatriate-homebuyers
  3. News - Hong Kong - PROPERTY

    Fewer want to buy Hong Kong property after stamp duty, survey finds

    Posted Nov 12th 2012, 02:10pm by Phila Siu

    ... on Monday. Between August and October, 24 per cent of Hongkongers were interested in buying property, the bank’s poll found. That fell to 19 per cent after the market-cooling measures were introduced on October 26. The government launched a buyer stamp duty on non-permanent residents and companies, and increased and extended the special stamp duty on flat sales. The Monetary Authority made its ...

    http://www.scmp.com/news/hong-kong/article/1080646/fewer-want-buy-hong-kong-property-after-stamp-duty-survey-finds
  4. Property - Hong Kong & China - HONG KONG

    Hong Kong's property curbs likely to stay until prices fall further

    Posted Aug 21st 2013, 12:00am by Sandy Li

    ... to impose three new property taxes: a 15 per cent "buyer's stamp duty" levied on foreign and corporate buyers of residential flats; a "special stamp duty" on the resale ... government headquarters in Admiralty if the government maintained its doubling of stamp duty, which agents say is to blame for a massive decrease in sales. Home sales are running at 43 per cent below ...

    http://www.scmp.com/property/hong-kong-china/article/1298101/hong-kongs-property-curbs-likely-stay-until-prices-fall
  5. Property - Hong Kong & China - RESIDENTIAL

    Jones Lang LaSalle boss warns of risky climate for first-time homebuyers

    Posted Jul 10th 2013, 12:00am by Peggy Sito

    ... equity in view of falling home prices as interest rates rise and supply increases. The situation is worrying." Since October, the government has introduced a 15 per cent additional stamp ... Jones Lang LaSalle boss Joseph Tsang urges government to rethink stamp duty policies Should first-time homebuyers be encouraged to enter the market now? For Joseph Tsang, managing director ...

    http://www.scmp.com/property/hong-kong-china/article/1278901/jones-lang-lasalle-boss-warns-risky-climate-first-time
  6. Property - Hong Kong & China - PROPERTY

    Investors rush for office space as stamp duties cool market

    Posted Oct 30th 2012, 12:00am by Sandy Li, Yvonne Liu, Stuart Lau, PHOENIX KWONG

    ... to intensify after the government on Friday announced a 15 per cent additional stamp duty on residential property for corporate and non-permanent-resident buyers. It also raised the "special stamp duty" by 5 percentage points to 10 to 20 per cent. The special duty, earlier at 5 to 15 per cent of the price of the property and payable if resold within two years, will now take effect ...

    http://www.scmp.com/property/hong-kong-china/article/1072770/investors-rush-office-space-stamp-duties-cool-market
  7. News - Hong Kong - PROPERTY

    Flat sales slump since new stamp duty

    Posted Nov 13th 2012, 12:00am by Peggy Sito, Phila Siu

    ... measures. On October 26 the government announced that non-permanent residents and buyers who use company names would have to pay an additional stamp duty of 15 per cent of the price. The extra tax ... new stamp duty Property sales slumped last week, despite an increasing number of owners cutting prices, following the introduction of new stamp duty. Flat owners cut prices 3 to 5 per cent ...

    http://www.scmp.com/news/hong-kong/article/1081135/flat-sales-slump-new-stamp-duty
  8. Property - Hong Kong & China - REDEVELOPMENT

    New stamp duty may lead to fewer old buildings being redeveloped

    Posted Mar 04th 2014, 02:32pm by Yvonne Liu

    ... announced. In October 2012 the government began levying an additional 15 per cent stamp duty on purchases by corporate and non-permanent-resident buyers. Last year it doubled regular stamp duties ... The imposition of extra stamp duties, which caused a 72 per cent drop last year in developers' purchases of old buildings for redevelopment, will continue to affect the sector this year, property ...

    http://www.scmp.com/property/hong-kong-china/article/1440058/new-stamp-duty-may-lead-fewer-old-buildings-being
  9. Property - Hong Kong & China - PROPERTY

    New stamp duties fail to deter 16 bids in two residential land block tenders

    Posted Nov 03rd 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Government tenders for two housing sites attract at a total of 16 bids each before closing Developers undeterred by new stamp duties Developers do ... after it introduced a buyer stamp duty on non-permanent residents and companies last Friday and increased and extended the special stamp duty on flat sales to curb soaring home prices. Cheung ...

    http://www.scmp.com/property/hong-kong-china/article/1074856/new-stamp-duties-fail-deter-16-bids-two-residential-land
  10. News - Hong Kong - HOUSING

    Billionaire Henry Cheng warns new duty could rock normal property sales

    Posted Nov 09th 2012, 12:00am by Simpson Cheung

    ... Simpson Cheung simpson.cheung@scmp.com Developer calls for new look at property taxes Billionaire Henry Cheng Kar-shun has said the new stamp duty of 15 per cent imposed on non-permanent ... be stabilised by a balance between demand and supply. On October 26, financial secretary John Tsang Chun-wah announced the 15 per cent buyer's stamp duty for non-local and corporate purchases. ...

    http://www.scmp.com/news/hong-kong/article/1078249/billionaire-henry-cheng-warns-new-duty-could-rock-normal-property

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