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  • November 24, 2014
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Results 41 - 50 of 2687 for 15 per cent stamp duty

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  1. 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 ...

  2. News - Hong Kong - PROPERTY SCANDAL

    Contradictions over flats sale could force Lam to quit, says analyst

    Posted Nov 03rd 2012, 12:00am by Olga Wong

    ... of the government's introduction of a buyers' stamp duty on property sales. Lam was reported to have sold two properties at Casa Bella, Mid Levels, about three weeks before Financial Secretary John Tsang Chun-wah announced last Friday that non-local buyers, including transactions in names of local companies, would be subject to a 15 per cent stamp duty. It was suggested that Lam, who also held ...

  3. News - Hong Kong - HOUSING

    Hong Kong housing prices soar despite cooling steps

    Posted Dec 05th 2012, 12:00am by Peggy Sito

    ... Nevertheless, overall market sentiment remains weak, weighed down by the introduction of new stamp duties from October 27. The measures include a 15 per cent additional stamp duty on purchases ... to the new stamp duties, applications for car-park mortgages usually accounted for 2 or 3 per cent of total mortgage transactions, Lau said. "Our preliminary figures show that car-park mortgage ...

  4. News - Hong Kong - PROPERTY

    Lam made huge profit on property weeks before cooling tax

    Posted Oct 30th 2012, 12:00am by Phila Siu, oshua But

    ... per cent on properties bought by companies and non-residents. In another move to curb speculation, the government raised by five percentage points stamp duties on resales of flats. Owners who sell flats within six months of purchase will now pay stamp duty of 20 per cent, up from 15 per cent; between seven months and 12 months, 15 per cent; and between 13 months and three years, 10 ...

  5. 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, ...

  6. Property - Hong Kong & China - PROPERTY

    Sale of Jordan and Tseung Kwan O attract flurry of bids

    Posted Dec 08th 2012, 12:00am by Paggie Leung

    ... Land, New World Development, Emperor International Holdings, Paliburg Holdings, HKR International and Wang On Group. Wang On said the government's new 15 per cent buyers' stamp duty ... to the waterfront site was reasonable as a similar site also attracted six bids in the past. The firm revised its sale estimate upwards by 9 per cent to HK$2.11 million, after Lai Sun won the previous ...

  7. News - Hong Kong - POLITICS

    Lawmakers slam CY's Beijing call for 'breaching confidentiality'

    Posted Mar 27th 2013, 12:00am by Joyce Ng

    ... after Leung yesterday admitted to having informed Wang Guangya, the Hong Kong and Macau Affairs Office director, of the buyer's stamp duty against non-local flat buyers the night before it was introduced in October. The 15 per cent tax was to deter non-locals, including mainlanders, and corporate buyers from the property market. In his letter to panel chairman Tam Yiu-chung, Tong asked ...

  8. Property - Hong Kong & China - HONG KONG

    Hong Kong housing developers hope for better 2013

    Posted Jan 02nd 2013, 12:00am by Peggy Sito, Sandy Li, Yvonne Liu, Paggie Leung

    ... a special tax of 15 per cent- known as buyer's stamp duty, with exemption for permanent residents who buy under their own names. Buyers who are not permanent residents accounted for 19.5 per ... stamp duty" to curb speculation, and extended the limit on resales from two to three years. A fee of between 10 per cent and 20 per cent of the price is payable if the property is resold ...

  9. 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 ...

  10. Property - Hong Kong & China - CORRECTIONS & CLARIFICATIONS

    Corrections and clarifications, November 7, 2012

    Posted Nov 07th 2012, 12:00am by Peggy Sito

    ... The report, "Stamp duty good news for first-time buyers" on October 31 inaccurately paraphrased a remark by Paul Louie, head of regional property research for Asia at investment bank Nomura. It should have said he expected prices could fall by 3 per cent to 5 per cent in the next one to two months. ...




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