The construction site of the St Martin project by Sun Hung Kai Properties in Tai Po. To curb rising property prices, the Hong Kong government has proposed a tax on unoccupied flats. Photo: SCMP

Hong Kong’s vacancy tax on flats must not apply to newly built projects

Topic |   Hong Kong housing

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The construction site of the St Martin project by Sun Hung Kai Properties in Tai Po. To curb rising property prices, the Hong Kong government has proposed a tax on unoccupied flats. Photo: SCMP
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