{"id":105903,"date":"2019-04-09T11:00:11","date_gmt":"2019-04-09T04:00:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/pay-close-attention-to-stamp-duty-when-buying-property-in-hong-kong\/"},"modified":"2019-04-09T12:03:49","modified_gmt":"2019-04-09T05:03:49","slug":"pay-close-attention-to-stamp-duty-when-buying-property-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pay-close-attention-to-stamp-duty-when-buying-property-in-hong-kong\/","title":{"rendered":"Pay close attention to stamp duty when buying property in Hong Kong"},"content":{"rendered":"<p>&#013;<br \/>\nI would like to share a case regarding stamp duty liability so as to remind both property agents and consumers of the importance of understanding the types and amount of stamp duty payable before entering into any provisional agreement for sale and purchase.&#013;&#013;An agent introduced an industrial property to a prospective buyer. When asked about the ad valorem stamp duty payable on the transaction, the salesman told her that she did not have to pay any stamp duty if she sub-sold the property as\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/3005317\/pay-close-attention-stamp-duty-when-buying-property-hong\" target=\"_blank\">Pay close attention to stamp duty when buying property in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; I would like to share a case regarding stamp duty liability so as to remind&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-105903","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ry7","jetpack-related-posts":[{"id":109031,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-hong-kong-chinese-investors-delay-buying-london-property-and-wait-for-stamp-duty-cuts\/","url_meta":{"origin":105903,"position":0},"title":"Should Hong Kong, Chinese investors delay buying London property and wait for stamp duty cuts?","date":"July 16, 2019","format":false,"excerpt":"\r A plan to cut stamp duty on home purchases in Britain may just be the boost needed by the slumping London property market, according to analysts.\r\rBoris Johnson, who is tipped to succeed British Prime Minister Theresa May this month, is considering a reduction in stamp duty for luxury residential\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-in-hong-kong-eye-the-commercial-market-to-avoid-increased-stamp-duty-on-homes\/","url_meta":{"origin":105903,"position":1},"title":"Investors in Hong Kong eye the commercial market to avoid increased stamp duty on homes","date":"November 8, 2016","format":false,"excerpt":"\r Investors in Hong Kong are accelerating the pace of their commercial property disposals, which have been unaffected by the recent adjustment in stamp duty to 15 per cent on deals for non first-time home buyers, as buying demand will shift away from the housing market. In less than a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-hong-kong-prices-wont-stop-rising-in-2017\/","url_meta":{"origin":105903,"position":2},"title":"Why Hong Kong prices won\u2019t stop rising in 2017","date":"January 11, 2017","format":false,"excerpt":"\r No worries, no (downward) pressure despite stamp duty The Central-Mid-Levels escalator and walkway system in Hong Kong is the longest outdoor covered escalator system in the world. Pelikh Alexey \/ Shutterstock.com Analysts do not expect home values in Hong Kong to stop rising this year, new stamp duties notwithstanding.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-abolish-stamp-duty-on-commercial-property-in-move-designed-to-boost-small-firms-cash-flows\/","url_meta":{"origin":105903,"position":3},"title":"Hong Kong to abolish stamp duty on commercial property in move designed to boost small firms\u2019 cash flows","date":"November 24, 2020","format":false,"excerpt":"\r The Hong Kong government is expected to abolish the stamp duty for commercial property in a move seen as helping small and medium companies shore up their cash flows amid the city\u2019s worst economic crisis on record.According to sources familiar with the matter, the move could be announced soon.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34574,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-braces-for-the-big-chill-from-new-stamp-duty\/","url_meta":{"origin":105903,"position":4},"title":"Hong Kong braces for the big chill from new stamp duty","date":"November 16, 2016","format":false,"excerpt":"\r Is buying second homes in the Chinese SAR worth the extra burden? Songquan Deng\/Shutterstock Apparently, the sale of Asia\u2019s most expensive apartment last week was just a fluke. Home buyers in Hong Kong are finally feeling the chill from the latest cooling measure increasing the stamp duty for second\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-parking-space-transactions-rise-as-investors-capitalise-on-removal-of-double-stamp-duty\/","url_meta":{"origin":105903,"position":5},"title":"Hong Kong parking space transactions rise as investors capitalise on removal of double stamp duty","date":"December 22, 2020","format":false,"excerpt":"\r The sales of parking spaces in Hong Kong jumped about 37 per cent in the first 18 days of this month, as investors encouraged by the removal of the double stamp duty on non-residential property returned to the sector.About 410 parking spaces have changed hands in this period, rising\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105903"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=105903"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105903\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}