Effective November 5, the stamp duty on property transactions for non first-time buyers will be raised to 15 per cent for individuals and corporate buyers. Photo: Felix Wong

Hong Kong raises stamp duty to tame surging home prices in the world’s least affordable city

The government will more than double the property stamp duty for second-home buyers to 15 per cent

Topic |   Hong Kong property

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Effective November 5, the stamp duty on property transactions for non first-time buyers will be raised to 15 per cent for individuals and corporate buyers. Photo: Felix Wong
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