{"id":117164,"date":"2020-06-16T07:30:11","date_gmt":"2020-06-16T00:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-property-market-is-buzzing-as-buyers-see-no-deterrent-in-hefty-stamp-duties-security-law-controversy\/"},"modified":"2020-06-16T10:03:48","modified_gmt":"2020-06-16T03:03:48","slug":"hong-kongs-luxury-property-market-is-buzzing-as-buyers-see-no-deterrent-in-hefty-stamp-duties-security-law-controversy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-property-market-is-buzzing-as-buyers-see-no-deterrent-in-hefty-stamp-duties-security-law-controversy\/","title":{"rendered":"Hong Kong\u2019s luxury property market is buzzing as buyers see no deterrent in hefty stamp duties, security law controversy"},"content":{"rendered":"


\nHong Kong\u2019s luxury property market is getting an endorsement from a couple of little-known investors, who are paying hefty stamp duties by picking up swanky villas amid the city\u2019s economic and political troubles.Phoenix Technology International Limited bought a 5,148 square feet villa at Mont Rouge in Kowloon Tong for HK$370 million (US$47.7 million) from builder Kerry Properties, according to a Land Registry filing on June 12. Times Square Overseas Company paid HK$350 million for another lot\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s luxury property market is buzzing as buyers see no deterrent in hefty stamp duties, security law controversy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s luxury property market is getting an endorsement from a couple of little-known investors,...<\/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-117164","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-utK","jetpack-related-posts":[{"id":41724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/corporate-buyer-to-pay-record-hk324-million-in-stamp-duty-for-luxury-house-on-hong-kongs-peak\/","url_meta":{"origin":117164,"position":0},"title":"Corporate buyer to pay record HK$324 million in stamp duty for luxury house on Hong Kong\u2019s Peak","date":"January 24, 2017","format":false,"excerpt":"\r A corporate buyer is set to pay the highest stamp duty ever on a property in Hong Kong, after forking out HK$1.08 billion for Asia\u2019s most expensive house per square foot. The buyer, named as Giant Victory Holdings in a filing with the Land Registry on Tuesday, is likely\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-actor-nicholas-tses-former-home-sells-for-us1-8-million-loss-casts-shadow-on-citys-luxury-housing-market\/","url_meta":{"origin":117164,"position":1},"title":"Hong Kong actor Nicholas Tse\u2019s former home sells for US$1.8 million loss, casts shadow on city\u2019s luxury housing market","date":"July 8, 2020","format":false,"excerpt":"\r The former home of actor and singer Nicholas Tse in Hong Kong\u2019s Southern district recently sold for a loss of up to HK$14 million (US$1.8 million), casting a shadow over the city\u2019s luxury housing market.The 2,583 sq ft house in The Redhill Peninsula was this week sold for HK$60\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119339,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-and-sellers-return-to-hong-kongs-commercial-real-estate-as-anticipation-of-double-stamp-duty-abolition-spurs-deals\/","url_meta":{"origin":117164,"position":2},"title":"Buyers and sellers return to Hong Kong\u2019s commercial real estate as anticipation of double stamp duty abolition spurs deals","date":"November 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s commercial and industrial property transactions more than quadrupled in value this month, helped by Swire Properties\u2019 sale of Cityplaza One, as deals increased in anticipation of the government\u2019s move to scrap a double stamp duty for commercial real estate.The value of property bought and sold jumped to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":152756,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-april-property-deals-jump-to-5-month-high-as-buyers-dived-in-on-stamp-duty-cut\/","url_meta":{"origin":117164,"position":3},"title":"Hong Kong\u2019s April property deals jump to 5-month high as buyers dived in on stamp duty cut","date":"May 6, 2025","format":false,"excerpt":"\r Real estate sales rose 9.8 per cent to HK$50.1 billion involving 7,229 new homes, lived-in abodes, offices, shops, car parking slots and industrial space.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s April property deals jump to 5-month high as buyers dived in on stamp duty cut","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tung-chee-hwa-ex-hong-kong-chief-executive-becomes-first-time-homeowner-at-84-with-purchase-of-us20-6-million-luxury-home\/","url_meta":{"origin":117164,"position":4},"title":"Tung Chee-hwa, ex-Hong Kong chief executive, becomes first-time homeowner at 84 with purchase of US$20.6 million luxury home","date":"September 14, 2021","format":false,"excerpt":"\r Tung Chee-hwa, Hong Kong\u2019s first postcolonial chief executive from 1997 to 2005, bought a luxury home at Grenville House in Hong Kong\u2019s posh Mid-Levels district for HK$160 million (US$20.6 million) last month, according to Land Registry records.Tung bought the unit in his own name, paying a stamp duty of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk90-54-million-stamp-duty-likely-to-be-paid-on-new-luxury-semi-detached-in-happy-valley\/","url_meta":{"origin":117164,"position":5},"title":"HK$90.54 million stamp duty likely to be paid on new luxury semi-detached in Happy Valley","date":"November 15, 2016","format":false,"excerpt":"\r A corporate buyer is likely to be asked to stump up the highest stamp duty on a residential property in Hong Kong since the levy was nearly doubled earlier this month, after splashing out HK$301.8 million on a new luxury semi-detached home in Happy Valley. The buyer looks set\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117164"}],"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=117164"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117164\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}