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  • September 15, 2014
  • Last updated: 11:09am
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Results 1 - 10 of 19 for stamp duty

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  1. Property - Hong Kong & China - HONG KONG

    Housing rents seen to rise faster as new stamp duty hits home purchases

    Posted Feb 27th 2013, 12:00am by Peggy Sito, Paggie Leung

    ... Friday the government declared a doubling of stamp duties for homes and non-residential properties valued at more than HK$2 million. The measures came just four months after the roll-out of additional stamp duties of 15 per cent of the purchase price to cool demand from foreigners and companies. Last year rents in 85 housing estates rose for 11 straight months to HK$22.8 per sq ft ...

  2. Property - Hong Kong & China - HONG KONG

    Hong Kong home sales bounce back after dip following rise in stamp duty

    Posted Nov 21st 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com After dip over stamp duties, sales rebound Second-hand home purchases in Hong Kong's 50 housing estates rose by almost a third last week, after ... prices." On October 26 the government announced that non-permanent residents and buyers who use company names would have to pay an additional stamp duty of 15 per cent of the price. The extra tax ...

  3. Property - Hong Kong & China - HONG KONG

    Hong Kong's property curbs likely to stay until prices fall further

    Posted Aug 21st 2013, 12:00am by Sandy Li

    ... government headquarters in Admiralty if the government maintained its doubling of stamp duty, which agents say is to blame for a massive decrease in sales. Home sales are running at 43 per cent below the level in February before the government announced it would double stamp duty on purchases of all properties valued at more than HK$2 million. But prices have so far barely budged despite ...

  4. Property - Hong Kong & China - HONG KONG

    Stamp duty good news for first-time buyers

    Posted Oct 31st 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Stamp duty on corporate and non-local homebuyers will help those hoping to buy their first flat, with drop in prices forecast New buyers' hopes rise ... in the property market. Financial Secretary John Tsang Chun-wah said the special stamp duty, first introduced in November 2010 to curb snap resales of homes by speculators seeking a quick profit, would ...

  5. Property - Hong Kong & China - HONG KONG

    Hong Kong housing developers hope for better 2013

    Posted Jan 02nd 2013, 12:00am by Peggy Sito, Sandy Li, Yvonne Liu, Paggie Leung

    ... betting on buyer comeback Developers are betting on buyer comeback Property stamp duties announced at the end of October are leaving deep scars in Hong Kong's housing market, with sales ... a special tax of 15 per cent - known as buyer's stamp duty, with exemption for permanent residents who buy under their own names. Buyers who are not permanent residents accounted for 19.5 per ...

  6. Property - Hong Kong & China - HONG KONG

    DTZ predicts continuing uncertainty in Hong Kong property market

    Posted Apr 17th 2013, 12:00am by Peggy Sito

    ... announced the doubling of stamp duty on February 22, it noted. At the popular housing estate Taikoo Shing in Quarry Bay, the average transaction price this month was HK$10,800 per square foot, down 5 per cent from selling prices in the area before the introduction of the measures. New-home sales also felt the impact as some developers offered more favourable terms, such as stamp duty ...

  7. Property - Hong Kong & China - HONG KONG

    Hong Kong luxury prices stagnate as new taxes bite

    Posted Mar 06th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Analysts split on the impact new and higher stamp duties and loan curbs will have on sector Luxury-home prices flat after cooling measures Luxury residential ... in the past few months to tame surging property prices. The first wave of measures came in October, with the extension of special stamp duties on quick resales and introduction of an extra 15 per cent ...

  8. Property - Hong Kong & China - HONG KONG

    Hong Kong flat sales take hit from cooling measures

    Posted Mar 06th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com No homes were sold in 18 housing estates in week after the government raised stamp duty Flat sales dive on new cooling measures Hong Kong home sales took ... approach," BNP Paribus Securities (Asia) said in a report issued yesterday. On February 23 the government doubled stamp duty on the purchase of all properties sold for more than HK$2 million ...

  9. Property - Hong Kong & China - HONG KONG

    Agencies put expansion on hold as flat sales fall

    Posted Nov 14th 2012, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Expansion plans on hold with transactions down by half since new stamp duties came in Agents not hiringas taxes hit sales A sharp decrease in home sales since the release last month of another round of measures aimed at cooling the the property market forced property agencies put their expansion plans on ice. Research by agency Midland Realty ...

  10. Property - Hong Kong & China - HONG KONG

    Flat agent's rapid action sees clients save millions by avoiding new tax

    Posted Oct 31st 2012, 12:00am by Sandy Li

    ... the buyer saved HK$1.69 million in additional new stamp duties," he said. ...




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