The government says double stamp duty will be relaxed in certain cases, to make it easier for residents to upgrade their flats. Photo: AP
The government says double stamp duty will be relaxed in certain cases, to make it easier for residents to upgrade their flats. Photo: AP

Property transactions decline despite Hong Kong stamp duty reform

Relaxation of double stamp duty fails to boost transactions in flats but buyer interest perks up

The government says double stamp duty will be relaxed in certain cases, to make it easier for residents to upgrade their flats. Photo: AP
The government says double stamp duty will be relaxed in certain cases, to make it easier for residents to upgrade their flats. Photo: AP
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