Hong Kong is the world’s least affordable major city to live in, and public housing is likely to be a key issue in the 2017 election for the city’s Chief Executive. Photo: Edward Wong

Hong Kong’s property stamp duty leaves a gaping loophole

Stamp duty to be levied on total price of homes sold, housing bureau says, allowing first-time buyers of multiple properties to skirt tax

Topic |   Hong Kong stamp duty

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Hong Kong is the world’s least affordable major city to live in, and public housing is likely to be a key issue in the 2017 election for the city’s Chief Executive. Photo: Edward Wong
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