{"id":119339,"date":"2020-11-25T07:30:18","date_gmt":"2020-11-25T00:30:18","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-11-25T08:03:03","modified_gmt":"2020-11-25T01:03:03","slug":"buyers-and-sellers-return-to-hong-kongs-commercial-real-estate-as-anticipation-of-double-stamp-duty-abolition-spurs-deals","status":"publish","type":"post","link":"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\/","title":{"rendered":"Buyers and sellers return to Hong Kong\u2019s commercial real estate as anticipation of double stamp duty abolition spurs deals"},"content":{"rendered":"


\nHong 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 HK$13.74 billion (US$1.77 billion) for 318 deals in the first 22 days of November, from HK$2.62 billion for 208 transactions in the same period last year, according to data by\u2026
\n
\nSource : South China Morning Post
\nRead more…Buyers and sellers return to Hong Kong\u2019s commercial real estate as anticipation of double stamp duty abolition spurs deals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s commercial and industrial property transactions more than quadrupled in value this month, helped...<\/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-119339","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-v2P","jetpack-related-posts":[{"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":119339,"position":0},"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":154679,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-april-lived-in-home-prices-gain-as-duty-cut-spurred-deals\/","url_meta":{"origin":119339,"position":1},"title":"Hong Kong\u2019s April lived-in home prices gain as duty cut spurred deals","date":"May 28, 2025","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices rose for the first time in five months in April, as transactions were spurred by a cut in the government\u2019s stamp duty for homes worth up to HK$4 million (US$510,000). An index measuring home prices eked out a 0.35 per cent gain to 285.7\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119347,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-small-businesses-welcome-scrapping-of-double-stamp-duty-on-commercial-property\/","url_meta":{"origin":119339,"position":2},"title":"Hong Kong\u2019s small businesses welcome scrapping of double stamp duty on commercial property","date":"November 25, 2020","format":false,"excerpt":"\r The scrapping of Hong Kong\u2019s double stamp duty for non-residential property has been welcomed by the city\u2019s small businesses.The move, announced by Chief Executive Carrie Lam Cheng Yuet-ngor during her policy address on Wednesday, will slash transaction costs for commercial real estate starting on Thursday.The scrapping is expected to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120766,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-real-estate-deals-jump-to-24-year-high-in-first-half-buoyed-by-upbeat-economic-sentiment\/","url_meta":{"origin":119339,"position":3},"title":"Hong Kong\u2019s real estate deals jump to 24-year high in first half buoyed by upbeat economic sentiment","date":"July 2, 2021","format":false,"excerpt":"\r Hong Kong\u2019s real estate market is gathering steam. Total transactions in Hong Kong\u2019s property sector surged to a 24-year high in the first half, led by a bounce in residential assets, as investors piled into the market amid the economic recovery.The overall volume, including homes, commercial and industrial properties\u2026","rel":"","context":"In "Property News"","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":119339,"position":4},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-are-walking-away-from-hong-kong-property-contracts-as-stamp-duty-bites\/","url_meta":{"origin":119339,"position":5},"title":"Buyers are walking away from Hong Kong property contracts as stamp duty bites","date":"November 14, 2016","format":false,"excerpt":"\r A growing number of Hong Kong\u2019s property buyers have defaulted on their agreements and forfeited their deposits, as a November 5 increase in stamp duty shows effects. Four transactions involving seven apartments valued at a combined HK$55.4 million had been cancelled, according to the government\u2019s website. \u201cMore contracts will\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\/119339"}],"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=119339"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119339\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}