Potential buyers queue up for Sun Hung Kai Properties' 364 units at Cullinan West II, in West Kowloon. Photo: Nora Tam

Homebuyers paid Hong Kong government HK$133 billion in tax over past eight years, and stamp duty is here to stay minister says

  • Sum equivalent to a quarter of city’s 2017 expenditure and business sector wants officials to undo tax
  • But housing minister Frank Chan said there was no plan to act while property prices remain high
Topic |   Hong Kong property

TOP PICKS

Potential buyers queue up for Sun Hung Kai Properties' 364 units at Cullinan West II, in West Kowloon. Photo: Nora Tam
READ FULL ARTICLE
Joyce Ng

Joyce Ng

Joyce Ng covers Hong Kong’s politics and housing issues. She joined the Post in 2008 to focus on urban planning, housing and heritage news, and has won awards for reporting on developers’ tricks in flat sales.