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  • August 28, 2014
  • Last updated: 2:35am
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  1. There's never a dull moment for flat buyers

    Posted Jun 29th 2012, 12:00am

    ... Sandy Li When Carmen Lee and her boyfriend bought a home in Tin Shui Wai in March 1997, she never imagined the move would turn into a nightmare. They bought a 700-square-foot unit for about HK$3.5 million at Cheung Kong's Maywood Court- the fifth pha ...

  2. Investors flock to commercial and industrial property markets

    Posted Apr 27th 2011, 12:00am

    ... Paggie Leung Hong Kong's commercial and industrial property markets are expected to remain buoyant after recording rising numbers of sales and transaction values, due mainly to the additional special stamp duty levied on quick resales of residential ...

  3. Developers want date for extra stamp duty to end

    Posted Jan 05th 2011, 12:00am by Paggie Leung

    ... Paggie Leung Developers want more exemptions and an end date to the additional stamp duty introduced by the government two months ago as a weapon against property speculation. 'We understand the introduction of extraordinary measures in usual times. ...

  4. Tax take hits record HK$238b, up 14pc

    Posted May 03rd 2012, 12:00am

    ... Joyce Ng and Yvonne Liu Hong Kong's tax revenue rose to a record HK$238.3 billion in the 2011-2012 financial year, spurred by profits and wage tax gains. That was an increase of 14 per cent from the previous record in the preceding year. The taxman c ...

  5. All the figures add up to a much lower deficit

    Posted Feb 24th 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan February in Hong Kong means that budget season is approaching. As Financial Secretary Henry Tang Ying-yen works on the final draft of his March 10 inaugural budget, market watchers have been working on their own guesstimates about the size of ...

  6. HK property sales down by a third last year

    Posted Jan 02nd 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Property sales in Hong Kong fell by 33 per cent to just 108,504 deals last year as concerns over the economy and government moves to curb speculation soured buyer sentiment, property agents said. Data compiled by Midland Realty ...

  7. Tsang says may be room to cut stamp duty on certain properties

    Posted Oct 16th 2010, 12:00am by Paggie Leung

    ... Paggie Leung Chief Executive Donald Tsang Yam-kuen says there may be room to cut stamp duty on certain properties. But market watchers fear such a move would increase speculation. 'I do take the point that for certain classes of properties, speculati ...

  8. Experts see biggest HK surplus for three years

    Posted Nov 17th 2010, 12:00am by Dennis Eng

    ... Dennis Eng Buoyant stock and property markets are expected to benefit Hong Kong's public finances this year, delivering the biggest surplus since the government recorded a HK$123.6 billion windfall three years ago, according to estimates by leading a ...

  9. 'Land rich' levy eyed to plug duty loophole

    Posted Mar 03rd 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Lawmaker Paul Chan Mo-po says Hong Kong should adopt measures similar to the 'land rich' duty system used by the New South Wales state government in Australia if more investors try to avoid paying increased stamp duty on property deal ...

  10. Secondary market sales fall 25pc

    Posted Apr 28th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Home sales in the secondary market fell 25 per cent last week as buyers turned cautious and the government announced cooling measures. There were 377 preliminary sales and purchase agreements signed at 50 major housing estates in Hong Kong from ...




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