{"id":32966,"date":"2016-11-04T17:04:44","date_gmt":"2016-11-04T10:04:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-more-than-doubles-property-stamp-duty-to-15-per-cent-to-cool-overheating-market\/"},"modified":"2016-11-04T17:12:58","modified_gmt":"2016-11-04T10:12:58","slug":"hong-kong-more-than-doubles-property-stamp-duty-to-15-per-cent-to-cool-overheating-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-more-than-doubles-property-stamp-duty-to-15-per-cent-to-cool-overheating-market\/","title":{"rendered":"Hong Kong more than doubles property stamp duty to 15 per cent to cool overheating market"},"content":{"rendered":"


\nHong Kong\u2019s government has announced the latest round of property measures to cool off property investments by increasing the stamp duty on property transactions to 15 per cent across the board.
\nIt will be raised from the previous range of between 4.25 per cent and 8.5 per cent.
\nThe measures apply to individual and corporate buyers effective on November 5.
\nChief Executive Leung Chun-ying said the new round of measures are being implemented because home prices have risen at a faster pace…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong more than doubles property stamp duty to 15 per cent to cool overheating market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s government has announced the latest round of property measures to cool off property...<\/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-32966","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\/p75ss1-8zI","jetpack-related-posts":[{"id":48940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-stamp-duty-on-pre-sold-units-is-inflating-hong-kong-house-prices\/","url_meta":{"origin":32966,"position":0},"title":"How stamp duty on pre-sold units is inflating Hong Kong house prices","date":"March 21, 2017","format":false,"excerpt":"\r Home prices in Hong Kong soared late last year, to the surprise of many, after falling by about 4 per cent between 2015 and 2016. Developers quickly pushed large numbers of pre-sale units onto the market at very high markups. The government responded quickly by slapping on an additional\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157297,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-change-sparks-sales-surge-in-lower-priced-hong-kong-homes\/","url_meta":{"origin":32966,"position":1},"title":"Stamp-duty change sparks sales surge in lower-priced Hong Kong homes","date":"July 9, 2025","format":false,"excerpt":"\r Hong Kong\u2019s residential property market recovery is gaining traction, with transactions of lower-priced homes rising sharply on the back of improved sentiment and recent government tax relief measures. From March to May, 3,780 residential properties priced between HK$3 million (US$382,000) and HK$4 million were sold, a 73 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107097,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-investors-take-advantage-of-a-correction-in-singapores-property-prices\/","url_meta":{"origin":32966,"position":2},"title":"Hong Kong investors take advantage of a correction in Singapore\u2019s property prices","date":"May 14, 2019","format":false,"excerpt":"\r Hong Kong investors are renewing their interest in Singapore, betting property prices will recover in the second half of this year, according to property consultants.Just 29 homes were sold to Hong Kong buyers in 2018, some 42 per cent fewer than the previous year, after the Singaporean government introduced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-price-gain-ease-as-rising-stamp-duty-and-mortgage-lending-tightening\/","url_meta":{"origin":32966,"position":3},"title":"Hong Kong home price gain ease as rising stamp duty and mortgage lending tightening","date":"June 30, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential prices rose at the slowest monthly pace in four months in May, as the government\u2019s market-cooling stamp duty and the prospect of higher interest rates finally began to show their effects. May\u2019s home prices rose 1.15 per cent, slowing from April\u2019s increase of 2.55 per cent,\u2026","rel":"","context":"In "Property News"","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":32966,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-scale-new-peak-20-years-after-1997-record\/","url_meta":{"origin":32966,"position":5},"title":"Hong Kong home prices scale new peak, 20 years after 1997 record","date":"June 30, 2017","format":false,"excerpt":"\r Hong Kong carries the dubious honour as the world\u2019s least affordable city to own a home, but many property industry veterans still firmly believe they can do no wrong in buying a residence here. 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