The property management team at The Hermitage, in South West Kowloon, developed by Sino group. Photo: Studio Sai Ltd.

HK$350 levy proposed on every property transaction to fund new management watchdog

New tax awaiting approval from Legco’s Finance Committee, when it reconvenes in October

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The property management team at The Hermitage, in South West Kowloon, developed by Sino group. Photo: Studio Sai Ltd.
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