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  • April 19, 2014
  • Last updated: 3:28am
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Results 1 - 10 of 17 for stamp duty

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  1. Business - Property - BRICKS & MORTAR

    Frenzy over Greenview Villa vanishes

    Posted Apr 16th 2013, 12:00am by Peggy Sito

    ... Peggy Sito 'Cheap' flats not so hot any more after increase in stamp duty dampens market sentiment Frenzy over Greenview Villa vanishes The first eligible buyers selected ... a cautious recovery after the slowdown caused by the introduction in November of a buyer's stamp duty and the extension of another stamp duty aimed at curbing flipping. As potential buyers ...

  2. Property - Comment - BRICKS & MORTAR

    The good, bad and ugly of a fistful of property intervention

    Posted Mar 19th 2013, 12:00am by Peggy Sito

    ... to curb speculation in the property market. Following on its October intervention, the government last month unexpectedly doubled stamp duty on purchases of residential as well as non-residential ... prices down. A good move, it turned out, because under the measures announced in February buyers who do not own a flat are exempt from the doubling of stamp duty charges when they do enter, ...

  3. Property - Comment - BRICKS & MORTAR

    Flats for Hongkongers scheme a failure

    Posted Apr 08th 2014, 01:09am by Peggy Sito

    ... The recent sharp decline in property buying by non-locals is not because of the scheme, but because of the imposition of double stamp duty on purchases worth more than HK$2 million and of buyers' stamp duty- the 15 per cent tax on purchases by companies and non-permanent residents. When the "Hong Kong property for Hong Kong people" scheme was first announced ...

  4. Property - Hong Kong & China - BRICKS & MORTAR

    Government should not forget Hong Kong’s middle class when increasing supply of flats

    Posted Mar 03rd 2014, 11:48am by Yvonne Liu

    ... the doubled stamp duty of 7.5 per cent, or HK$543,750, to buy such a flat if it already owns a property. As mortgage lending has tightened, a family will be able to get a bank loan of only up to 60 ... will waive the double stamp duty if the family sells its existing flat within six months after buying the new flat. However, it is not easy for people to sell a flat in six months these days because ...

  5. Comment - Insight & Opinion - BRICKS & MORTAR

    When homebuyers get a free car

    Posted Mar 10th 2014, 11:08am by Peggy Sito

    ... The measures announced since 2012 include a lower loan-to-value ceiling and an additional 10 per cent buyer's stamp duty that applies to corporate and non-resident buyers. Meanwhile, ... but it would take time. Some developers eager to cash in might follow Hong Kong developers in offering cash rebates on stamp duties to lure foreign buyers, he predicted. Macau government statistics ...

  6. Property - Hong Kong & China - BRICKS & MORTAR

    Affordable homes remain a distant dream despite curbs

    Posted Dec 10th 2013, 02:58am by Yvonne Liu

    ... Yvonne Liu Mainlanders and investors return to the market after developers offer subsidies on stamp duties Affordable homes remain a distant dream despite curbs The government's ... and The Austin in Kowloon have attracted investors by offering them subsidises on stamp duties. This has lowered the investment cost for investors and mainlanders. Agents estimated about 70 per cent ...

  7. Business - Money - BRICKS & MORTAR

    Hong Kong property tax hurts local business more than mainlanders

    Posted Dec 11th 2012, 12:00am by Sandy Li

    ... actions had little regard, if any, for unintended casualties or victims. In the case of the Hong Kong government, its imposition of an additional 15 per cent duty on purchases of flats ...

  8. Business - Money - BRICKS & MORTAR

    Only way is up if you take the long-term view

    Posted Nov 12th 2012, 11:59pm by Peggy Sito

    ... new stamp duties in a bid to hose down overheated home prices, the talk of the town is still where prices are headed. To try to come up with an answer to the burning question, analysts have ... a 15 per cent buyer's stamp duty, that seemed to imply it did not expect home prices to fall by more than this level. You be the judge of when to make a move, and as long as you have ...

  9. Business - Property - BRICKS & MORTAR

    Investors viewed unfairly as speculators

    Posted Jun 04th 2013, 12:00am by Sandy Li

    ... understandably upset and bothered these foreign investors, prompting them to ask their respective trade chambers to speak up on their behalf. After a 15 per cent buyer's stamp duty for non-permanent ... offices, hotel rooms and industrial units. The government's February 22 announcement of a doubling of stamp duty on residential and commercial property sales exceeding HK$2 million in value ...

  10. Comment - Insight & Opinion - BRICKS & MORTAR

    Discounts, higher commissions heat up luxury market

    Posted Nov 26th 2013, 03:01am by Sandy Li

    ... which began last month, has encouraged more developers to follow suit in providing sweeteners. The strategy to offer subsidies to help buyers meet extra stamp duties and to increase sales ...




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