The legislation would double the stamp duty on purchases of all property valued at more than HK$2 million. Photo: Bloomberg The legislation would double the stamp duty on purchases of all property valued at more than HK$2 million. Photo: Bloomberg
The legislation would double the stamp duty on purchases of all property valued at more than HK$2 million. Photo: Bloomberg
Property /  Hong Kong & China

Property market jitters possible amid uncertainty over law to double stamp duty

Uncertainty over legislation risks weakening market confidence, warn industry observers

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Peggy SitoSandy Li
Peggy Sito and Sandy Li

Updated: 8:05am, 14 Jul, 2014

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The legislation would double the stamp duty on purchases of all property valued at more than HK$2 million. Photo: Bloomberg The legislation would double the stamp duty on purchases of all property valued at more than HK$2 million. Photo: Bloomberg
The legislation would double the stamp duty on purchases of all property valued at more than HK$2 million. Photo: Bloomberg
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