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

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