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  1. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... Jeffie Lam and Yvonne Liu Radical support against stamp duty refund plan A pan-democratic legislator's idea of refunding stamp duty to firms that hold on to properties for more three ... residents. Legco is expected to vote on both the bill to double the stamp duty and his amendment by Tuesday. But, after rounds of lobbying, the government is understood to have secured enough votes ...

    http://www.scmp.com/news/hong-kong/article/1551408/legco-unlikely-pass-lawmakers-stamp-duty-refund-plan
  2. News - Hong Kong - PROPERTY

    Legco gets more control over double stamp duty property-cooling measure

    Posted May 28th 2014, 02:22pm by Tanna Chong

    ... Tanna Chong tanna.chong@scmp.com Government makes concession amid fears stamp duty bill could fail Lawmakers to get say before changes to tax Lawmakers will have a chance to block any ... stamp duty – under which buyers who own other properties and those who are not permanent residents must pay higher taxes – of the change yesterday. The government has collected the tax since ...

    http://www.scmp.com/news/hong-kong/article/1520311/legco-gets-more-control-over-double-stamp-duty-property-cooling
  3. Property - Hong Kong & China - PROPERTY

    Property transactions decline despite Hong Kong stamp duty reform

    Posted May 19th 2014, 03:25am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Relaxation of double stamp duty fails to boost transactions in flats but buyer interest perks up Deals fall despite stamp duty reform On the first weekend after the government announced the relaxation of double stamp duty, the number of major property transactions fell, but the amount of buyer interest rose significantly, said Hong Kong property ...

    http://www.scmp.com/property/hong-kong-china/article/1515199/property-transactions-decline-despite-hong-kong-stamp-duty
  4. 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 by a government bid to appease them with concessions on a bill to affirm last year's doubling of stamp duty, introduced to cool the property market. The concessions, leaked on Monday, were put before ...

    http://www.scmp.com/news/hong-kong/article/1511563/property-stamp-duty-concessions-fail-impress-lawmakers
  5. News - Hong Kong - PROPERTY

    Mass rally planned against controversial property market cooling measures

    Posted Feb 24th 2014, 11:44am by Fanny W. Y. Fung and Ng Kang-chung

    ... can help parents avoid tax A lawmaker has urged the government to drop a loophole that allows property buyers to avoid higher stamp duty by buying flats in their children's name. The bill exempted first-time buyers under 18 from the double stamp duty, a provision their parents or guardians could abuse, Democratic Party legislator James To Kun-sun said. "An adult can make use ...

    http://www.scmp.com/news/hong-kong/article/1434023/mass-rally-planned-against-controversial-property-market-cooling
  6. News - Hong Kong - PROPERTY

    Higher stamp duties approved by Legco 16 months after being imposed

    Posted Feb 23rd 2014, 05:11am by Tony Cheung

    ... rise finally approved Higher stamp duties to cool Hong Kong's property market finally became law yesterday amid a flurry of grandstanding in the Legislative Council. The duties, which have ... in the past 16 months. The measures have wide public support, but their approval was held up as lawmakers sought a legally binding say in future stamp duty decisions. In the end, just after 4.30pm, 23 ...

    http://www.scmp.com/news/hong-kong/article/1433559/higher-stamp-duties-approved-legco-16-months-after-being-imposed
  7. News - Hong Kong - PROPERTY

    Legco set to vote for year-old stamp duty rise

    Posted Feb 18th 2014, 05:11am by TANNA CHONG AND OLGA WONG

    ... Tanna Chong and Olga Wong Government's word looks like it will be enough regarding negative vetting of future measures Legco set to vote for year-old stamp duty rise Additional stamp ... legislators. At least 42 of the 70 lawmakers say they will support the government's Stamp Duty (Amendment) Bill when it is put to a Legislative Council vote. But some are calling for the vote ...

    http://www.scmp.com/news/hong-kong/article/1429836/legco-set-vote-year-old-stamp-duty-rise
  8. News - Hong Kong - PROPERTY

    Changes to stamp duty adjustment system to incorporate different approaches

    Posted Feb 15th 2014, 03:46am by Tanna Chong

    ... duty adjustment mechanism The government has announced changes to its system of adjusting stamp duty levels, amid lawmakers' repeated attempts to limit its power to do so. Secretary for Transport and Housing Professor Anthony Cheung Bing-leung yesterday said the government would adopt different legislative approaches for adjusting the 15 per cent buyers' stamp duty, introduced ...

    http://www.scmp.com/news/hong-kong/article/1428020/changes-stamp-duty-adjustment-system-incorporate-different-approaches
  9. News - Hong Kong - PROPERTY

    Stamp duty expected to hit second-hand homes hardest

    Posted Feb 24th 2014, 04:45am by Sandy Li

    ... Sandy Li sandy.li@scmp.com SHKP chairman says developers have already slashed prices on flats in new developments Stamp duty expected to hit second-hand homes hardest The city's second-largest property developer, Sun Hung Kai Properties, believes higher stamp duties that became law at the weekend will hit the secondary residential market hardest, despite developers slashing ...

    http://www.scmp.com/news/hong-kong/article/1433797/stamp-duty-expected-hit-second-hand-homes-hardest
  10. News - Hong Kong - PROPERTY

    Controversial property stamp duty bill moves one step closer to passage

    Posted Feb 20th 2014, 12:22pm by Amy Nip and Tanna Chong

    ... Amy Nip and Tanna Chong Buyer's stamp duty likely to become law within days, but will it encourage sellers to cut prices and boost sluggish sales of second-hand flats? Agents divided ... introduce the buyer's stamp duty. The bill is expected to pass a third reading within days. A third reading would write into the statute books the 15 per cent tax on home purchases ...

    http://www.scmp.com/news/hong-kong/article/1431681/controversial-stamp-duty-bill-moves-one-step-closer-passage

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