{"id":139969,"date":"2023-10-21T07:00:08","date_gmt":"2023-10-21T00:00:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-policy-address-2023-will-rolling-back-stamp-duties-lift-hong-kongs-housing-market-out-of-the-doldrums\/"},"modified":"2023-10-21T07:08:45","modified_gmt":"2023-10-21T00:08:45","slug":"hong-kong-policy-address-2023-will-rolling-back-stamp-duties-lift-hong-kongs-housing-market-out-of-the-doldrums","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-policy-address-2023-will-rolling-back-stamp-duties-lift-hong-kongs-housing-market-out-of-the-doldrums\/","title":{"rendered":"Hong Kong policy address 2023: will rolling back stamp duties lift Hong Kong\u2019s housing market out of the doldrums?"},"content":{"rendered":"<p>&#013;<br \/>\nIn the third of a three-part series on John Lee\u2019s policy address, Salina Li and Cheryl Arcibal look at the impact of the policy and monetary moves since 2009 to cool home prices. Now, stakeholders want the government to roll these back. But will that have the desired effect?&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3238366\/hong-kong-policy-address-2023-will-rolling-back-stamp-duties-lift-hong-kongs-housing-market-out?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong policy address 2023: will rolling back stamp duties lift Hong Kong\u2019s housing market out of the doldrums?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; In the third of a three-part series on John Lee\u2019s policy address, Salina Li and&#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-139969","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-Apz","jetpack-related-posts":[{"id":94025,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-stamp-duties-have-worked-to-stabilise-the-housing-market-shielding-us-from-speculative-excess\/","url_meta":{"origin":139969,"position":0},"title":"Hong Kong\u2019s stamp duties have worked to stabilise the housing market, shielding us from speculative excess","date":"July 17, 2018","format":false,"excerpt":"\r It\u2019s been said there are only two sure things in life: death and taxes. Since November 2010, the Hong Kong government has implemented roughly half a dozen new or amended property stamp duties, and on top of that the Hong Kong Monetary Authority raised the loan-to-value (LTV) ratios three\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-relaxation-yet-to-lift-secondary-market-out-of-interest-rate-hike-gloom\/","url_meta":{"origin":139969,"position":1},"title":"Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike gloom","date":"July 18, 2023","format":false,"excerpt":"\r Hong Kong\u2019s first mortgage policy relaxation in 14 years has yet to bring cheer to the city\u2019s secondary housing market in the 10 days since its introduction.\r \r Source : South China Morning Post\r Read more...Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike\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":139969,"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":140768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-sole-bidder-sino-land-secures-site-on-lantau-island-for-us26-million-nearly-20-below-expectations-as-market-languishes\/","url_meta":{"origin":139969,"position":3},"title":"Hong Kong property: sole bidder Sino Land secures site on Lantau Island for US$26 million, nearly 20% below expectations as market languishes","date":"December 20, 2023","format":false,"excerpt":"\r Sino Land, the only bidder in the tender for a plot of land on Lantau Island, has paid a price nearly 20 per cent lower than market expectations as Hong Kong\u2019s housing market continues to languish in the doldrums.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-scrapping-special-stamp-duty-would-help-alleviate-hong-kongs-housing-shortage-problem\/","url_meta":{"origin":139969,"position":4},"title":"Why scrapping special stamp duty would help alleviate Hong Kong\u2019s housing shortage problem","date":"June 16, 2020","format":false,"excerpt":"\r In November 2010, the Hong Kong government imposed a special stamp duty (SSD) on individuals and companies that acquire a residential property in Hong Kong and resell it within 36 months. The sellers need to pay an SSD equivalent to 20 per cent of the transaction price if they\u2026","rel":"","context":"In &quot;Property News&quot;","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":139969,"position":5},"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 &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\/139969"}],"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=139969"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139969\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}