The vacancy tax was announced by Chief Executive Carrie Lam in June 2018. Photo: Roy Issa The vacancy tax was announced by Chief Executive Carrie Lam in June 2018. Photo: Roy Issa
The vacancy tax was announced by Chief Executive Carrie Lam in June 2018. Photo: Roy Issa

Hong Kong lawmakers shelve proposal to impose vacancy tax on developers, citing lack of time

  • Bills committee members agree to halt vetting, with some lawmakers suggesting a public hearing should be held on the matter
  • Housing sector specialists say move will offer developers ‘breathing space’ to roll out luxury flats

Topic |   Hong Kong housing
The vacancy tax was announced by Chief Executive Carrie Lam in June 2018. Photo: Roy Issa The vacancy tax was announced by Chief Executive Carrie Lam in June 2018. Photo: Roy Issa
The vacancy tax was announced by Chief Executive Carrie Lam in June 2018. Photo: Roy Issa
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