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  • July 23, 2014
  • Last updated: 6:47pm
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Results 1 - 10 of 21 for stamp duty

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

    Tweaking of stamp duty won’t lead to big boost in home sales

    Posted May 19th 2014, 12:06pm by Yvonne Liu

    ... Yvonne Liu Tweaking of stamp duty not likely to help much, with bank loans tighter and market weak Rule change may not lead to sales surge as buyers wait Would you buy a flat if the government extends the period during which you can sell your old home and still qualify for exemption from double stamp duty? Last week, the government proposed to revise the rules for double stamp ...

  2. 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 ...

  3. 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, ...

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

    Second-hand market full of surprises

    Posted Jun 17th 2014, 05:14am by Yvonne Liu

    ... in February last year did help rein in an overheated property market, with the double stamp duty and a tightening up on mortgage lending keeping investors and mainland buyers away from the market. ... and a shortage of second-hand flats for sale. People who bought their flats within the past three years are reluctant to sell because of the 20 per cent special stamp duty on quick resales. ...

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

    Cheung Kong executive proved right as homebuyers' sentiment turns

    Posted Jul 21st 2014, 11:23am by Peggy Sito

    ... of requirements for double stamp duty, breathed life into the market. On Friday, the CCL index reached 123.36, just below the previous peak of 123.66 set in March last year. The cumulative gain since ...

  6. 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 ...

  7. 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 ...

  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 - 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 ...

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

    Bidding for luxury site may prove to be a let-down

    Posted May 05th 2014, 11:00am by Peggy Sito

    ... thanks to the government's successive cooling measures, including various stamp duties. The extra cost of purchase has had a bigger impact on the price of high-end and luxury properties. ...




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