• Monday
  • November 24, 2014
  • Last updated: 7:51am
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 12 for stamp duty

Search results

  1. Property - International - INVESTMENT

    Property investors switch focus from East Asia to the West

    Posted May 01st 2013, 12:00am by Peggy Sito

    ... property prices. In its latest round of such measures, Hong Kong in February doubled the maximum stamp duty payable on the sale of residential and non-residential properties valued at more than HK$2 million. That came on top of curbs such as the additional as stamp duties levied on foreign and corporate buyers. On the mainland, a pre-announced 20 per cent capital gains tax ...

  2. Property - Hong Kong & China - INVESTMENT

    Expats in Hong Kong say property measures discriminate against them

    Posted Dec 12th 2012, 12:00am by Alex Frew Mcmillan

    ... to have unintended effects, for expats and so forth." An Australian pilot based in Hong Kong says he and his wife, who were about to settle on a property just before the new stamp duty ... additional stamp duty of 15 per cent on purchases by corporate and non-permanent-resident buyers. The tax was among measures announced on October 29 and was widely understood to target mainland ...

  3. Business - Money - INVESTMENT

    Investors find ideal spot to park their money

    Posted Nov 09th 2012, 12:00am by Yvonne Liu

    ... the additional stamp duties to dampen property prices, parking spaces have become the most popular property investment in town as they are not covered by the new duties. Smart investors have thus shifted the focus to car parks which offer a high rental yield of 3 to 5 per cent, plus there is no stamp duty when it's time to sell. Chinachem Group has released an unspecified number of parking ...

  4. Property - International - INVESTMENT

    Overseas developers tout property projects to Hong Kong investors

    Posted Jun 05th 2013, 12:00am by Peggy Sito

    ... control measures in February." The government has taken a series of steps since last October to curb prices, including imposing a new 15 per cent buyer's stamp duty on residential ... the doubling of stamp duty levied on residential and non-residential property transactions valued at more than HK$2 million, and further tightening of mortgage lending. "About 10 to 15 per cent ...

  5. Property - Hong Kong & China - INVESTMENT

    Government measures dim Hong Kong’s property investment appeal

    Posted Oct 28th 2014, 09:30am by Langi Chiang

    ... double stamp duty are keeping real estate investors away from Hong Kong's office market, say industry executives, while Japan and Australia have become favoured alternatives in Asia-Pacific. ... chairman Nicholas Loup, who helped Britain's privately owned property group Grosvenor set up its first Asia office in Hong Kong two decades ago. "Combine that with the [double] stamp duty ...

  6. Property - International - INVESTMENT

    Non-permanent residents look outside Hong Kong for real estate opportunities

    Posted Sep 04th 2013, 12:00am by Alex Frew Mcmillan

    ... Alex Frew McMillan property.post@scmp.com Government measures to cool property market, including extra stamp duty on non-resident buyers, have forced some expats to buy overseas 'Hong ... stamp duty". Many observers believe the tax was mainly designed to curb investment by mainland Chinese buyers. Their participation fell from a high of 38.2 per cent of new-home sales ...

  7. Business - Money - INVESTMENT

    Gloomy Hong Kong investors shun property in favour of bonds

    Posted May 22nd 2014, 01:19am by Jeanny Yu

    ... levels have remained largely static in comparison. The cooling measures included a 15 per cent levy on non-permanent residents and corporate buyers, an increase in stamp duties for properties resold quickly, and a doubling of duties on all properties costing more than HK$2 million, with exemptions for permanent residents who are first-time buyers or who sell their only home to buy ...

  8. Property - International - INVESTMENT

    Falling demand and prices force Hong Kong, Singapore developers abroad

    Posted Jan 15th 2014, 05:33am by BLOOM

    ... and some of the strictest measures were implemented last year. They included a cap on debt at 60 per cent of a borrower's income, higher stamp duties on home purchases and a rise in real estate taxes. Hong Kong has raised the minimum mortgage down payment six times since 2010 and imposed taxes including a doubling of the stamp duty on deals of more than HK$2 million in February, ...

  9. Property - Hong Kong & China - INVESTMENT

    China's tax policy holding back reit growth

    Posted Nov 05th 2014, 04:04am by Langi Chiang

    ... estate withholding tax of 12 per cent and stamp duty of 0.1 per cent. Corporate investors do not have to pay tax on dividends, but need to pay 25 per cent capital gains tax after selling ...

  10. Property - Hong Kong & China - INVESTMENT

    Cheung Kong reit chairman opposes 'element of risk' in government plan

    Posted Jan 08th 2014, 05:35am by Peggy Sito

    ... Kong-listed reits exemption from the 16.5 per cent corporate profits tax on rental income. They might also be exempt from paying stamp duty on the transfer of commercial property. Chiu, who is also ...




SCMP.com Account