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  • October 26, 2014
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Results 61 - 70 of 200958 for 15 per cent stamp duty

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  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. 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. ...

  7. Comment - Letters

    Letters to the Editor, December 1, 2012

    Posted Dec 01st 2012, 12:00am

    ... HK$30 million to be exempt from the new stamp duty ("Developers want luxury flats to be exempt from tax", November 24). The property tycoons have lost touch with reality, ... as the property industry is controlled by a handful of powerful conglomerates which in the past 15 years have turned Hong Kong business into cosy cartels. Hongkongers have been held to ransom ...

  8. Comment

    No closer to owning a property in Hong Kong

    Posted Nov 05th 2012, 12:00am by Michael Chugani

    ... of sorrow". But even Tin Shui Wai is escaping my reach. Nowhere is immune to the lunacy of our property market. It has to be lunacy when prices surge more than 50 per cent in four years. They've already gone up nearly 20 per cent so far this year. Tell me that's not insane. Analysts say the new measures will probably push prices down about 10 per cent in the short term. If you ...

  9. News - Hong Kong - PROPERTY SCANDAL

    Franklin Lam faces quit calls as ICAC probes flat sales

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

    ... Mid-Levels, less than six weeks before the government's introduction of buyers' stamp duty on October 26. The timing of the flat sales gives the impression that he had tried to reap bigger ...

  10. Property - Hong Kong & China - RETAIL

    Demand for Hong Kong retail space set to soar

    Posted Nov 07th 2012, 12:00am by Paggie Leung

    ... to drive demand up for retail property investment, say property agents. "More than 50 per cent of our clients who have been investing in luxury homes tell us they are now interested in retail ... HK$50 million and HK$100 million, though the market is yet to see a significant rise in sales volumes. Last month, the government introduced a buyer's stamp duty to be paid by non-permanent ...




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