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  • July 28, 2014
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  1. News - Hong Kong - PROPERTY

    Property stamp duty concessions fail to impress lawmakers

    Posted May 13th 2014, 11:37pm by FANNY FUNG, Sandy Li, Tanna Chong

    ... Fanny W. Y. Fung, Sandy Li and Tanna Chong Lawmakers from all parties say proposed concessions are inconsistent Stamp duty concessions fail to impress lawmakers Lawmakers were unimpressed ... spaces. But if someone buys many flats under a single contract, then a waiver will be granted [for all the flats]," lawmaker Paul Tse Wai-chun said. "You are contradicting yourself. ...

  2. News - Hong Kong - POLITICS

    Law to affirm double stamp duty passed, 17 months after levy came in

    Posted Jul 16th 2014, 04:15am by PHILE SIU, Ada Lee

    ... passed Legislation doubling the stamp duty on most property purchases was finally passed by lawmakers last night, just before the Legislative Council enters its three-month summer recess. Of the lawmakers present, 49 voted for the bill while seven voted against it. Under the measure, which is designed to help cool the property market, buyers of all properties valued at HK$2 million or more ...

  3. Property - Hong Kong & China - MARKETS

    Hong Kong homebuyers warned 'don't rush into the market- it's heating up'

    Posted Jul 21st 2014, 06:20am by Ernest Kao

    ... His remarks came just days after lawmakers passed a bill to double the stamp duty on property purchases of HK$2 million or more, up to a ceiling of 8.5 per cent. Buyers have been paying ... controlled property market risk … it has wide public recognition and, in Legco, bipartisan support," he said. But Tsang said he opposed an amendment to the bill which was passed by lawmakers ...

  4. Property - Hong Kong & China - HOUSING

    Tai Po apartment project sells 400 Mont Vert units in first day despite 'no viewing' rule

    Posted Jul 27th 2014, 05:26am by Langi Chiang

    ... lawmakers and industry analysts suggested was unlawful. Cheung Kong executive director Justin Chiu Kwok-hung said yesterday that the company had made every effort to provide complete information ...

  5. Property - Hong Kong & China

    Nothing to see here: Cheung Kong stands by 'no viewing' policy for tiny Hong Kong flats

    Posted Jul 24th 2014, 10:55pm by Sandy Li

    ... sign agreements promising to buy without personally inspecting the flats before closing on the deal. Officials, lawmakers, academics and property analysts condemned the demand, with some ... if there were plans to seek legal action to stop the no-viewing agreement. She said the authority had asked Cheung Kong for more information on its sales arrangement. Some lawmakers are urging ...

  6. Property - International

    Chinese property buying in Australia draws scrutiny of lawmakers

    Posted Mar 19th 2014, 05:14am by AFP

    ... Agence France-Presse in Sydney Scrutiny ofChinese buyers in Australia Foreign investment in Australia's housing market will be examined by a national parliamentary committee, its chairwoman said, following a study that said Chinese investors are sque ...

  7. Property - Hong Kong & China - REAL ESTATE

    Property market jitters possible amid uncertainty over law to double stamp duty

    Posted Jul 14th 2014, 04:25am by Peggy Sito, Sandy Li

    ... used for their own business. The amendment, which the government was once confident would be vetoed by the legislature, may now only need one more vote from geographical- constituency lawmakers ... the bill's effectiveness and might also send the wrong message to the market. "I believe the lawmakers and parties who support the amendment have good intentions, but those good intentions might ...

  8. Property - International

    Foreign demand grows for Australian homes

    Posted Jun 28th 2014, 01:09am by BLOOM

    ... time," Kent said yesterday. "But it is difficult to know how much this has boosted net demand for Australian housing." He was testifying at an inquiry by lawmakers into foreign buying ...

  9. Property - International - TAIWAN

    Taipei home prices rise beyond the reach of young people

    Posted Jun 25th 2014, 01:30am by Bloomberg

    ... policies and lobbies lawmakers and government officials. In October, it plans to stage an overnight sleep-in next to a luxury development to protest against rising property prices. ...

  10. Property - Hong Kong & China

    Lee Shau-kee proposes donating Shek Kip Mei site for low-cost housing

    Posted Jun 09th 2014, 11:41pm by Sandy Li

    ... the government granted the 200,000 sq ft site to HKSHC at a concessionary rate for the development of the estate. Pan-democrat lawmaker Frederick Fung Kin-kee has been helping Tai Hang Sai Estate ...




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