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  • September 22, 2014
  • Last updated: 4:59am
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Results 51 - 60 of 199092 for 15 per cent stamp duty

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  1. Property - Hong Kong & China - PROPERTY

    Stamp duty 'a drag' on sales at luxury project

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

    ... the 20 special flats were worth about HK$2.5 billion in total. The new buyer's stamp duty, introduced in late October to cool the property market, imposed a levy of 15 per cent of the price ... are expected to gain 10 to 15 per cent next year, with sustained supply and stable demand," he said. ...

  2. Property - Hong Kong & China - HONG KONG

    Stamp duty good news for first-time buyers

    Posted Oct 31st 2012, 12:00am by Peggy Sito

    ... rise from 15 to 20 per cent on resales within the first six months of a purchase, and from 10 to 15 per cent for resales within six to twelve months. The duty period was also extended to three years, with the levy on homes sold within one to three years of purchase rising to 10 per cent. Tsang also announced a buyer's stamp duty of 15 per cent would be payable on property bought ...

  3. Property - Hong Kong & China

    Resale stamp duty fails to halt flat sales as profits keep rising

    Posted Nov 17th 2012, 12:00am by Amy Nip

    ... brought in the levy to curb speculation and cool the property market in November 2010. The duty requires people to pay 5 to 15 per cent of a flat's price if the property is resold within two ... stamp duty was introduced. The government also released the latest figures for quarterly economic growth alongside the property statistics. GDP grew by 1.3 per cent year on year in the third ...

  4. Comment - Letters

    Risk of property price bubble justifies new stamp duty

    Posted Nov 15th 2012, 12:00am by LETTERS

    ... duty to buy property. (They are not precluded from purchasing property and there are already stories of property developers discounting prices to subsidise the stamp duty cost, suggesting ... resident too. The third criticism is that the stamp duty won't work and that there are better ways to solve the problem. These include freeing up land supply or recognising the cost imposed ...

  5. Property - Hong Kong & China - SALES

    Home sales rise as owners cut asking prices

    Posted Mar 04th 2014, 01:44pm by Peggy Sito

    ... contains two measures to address concerns about an inflated property market. It gave effect to a 15 per cent levy on non-permanent-resident and corporate buyers and an expansion of duties paid on quick resales of property. Lawmakers are now considering a bill to enforce a measure that doubles the buyer's stamp duty. The new rate ranges from 1.5 per cent to 8.5 per cent, depending ...

  6. News - Hong Kong - PROPERTY

    Property-cooling measures here to stay: CY Leung

    Posted Aug 06th 2013, 12:00am by Joyce Ng

    ... recess, has yet to pass the two bills for three new property taxes: the 15 per cent "buyer's stamp duty" to be levied on foreign and corporate buyers of residential flats; the "special stamp duty" against the resale of flats within 36 months, adjusted from 24 months; and the "double stamp duty" on all buyers of residential and non-residential properties, ...

  7. News - Hong Kong - POLITICS

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

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

    ... 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 ... affairs joint panel meeting. If you say the buyer's stamp duty affects mainlanders and therefore you tell them in advance, did you also let them know of this double stamp duty since it also ...

  8. 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 ...

  9. 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, ...

  10. 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 ...




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