{"id":41724,"date":"2017-01-24T21:03:43","date_gmt":"2017-01-24T14:03:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/corporate-buyer-to-pay-record-hk324-million-in-stamp-duty-for-luxury-house-on-hong-kongs-peak\/"},"modified":"2017-01-24T21:09:00","modified_gmt":"2017-01-24T14:09:00","slug":"corporate-buyer-to-pay-record-hk324-million-in-stamp-duty-for-luxury-house-on-hong-kongs-peak","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/corporate-buyer-to-pay-record-hk324-million-in-stamp-duty-for-luxury-house-on-hong-kongs-peak\/","title":{"rendered":"Corporate buyer to pay record HK$324 million in stamp duty for luxury house on Hong Kong\u2019s Peak"},"content":{"rendered":"


\nA 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.
\nThe buyer, named as Giant Victory Holdings in a filing with the Land Registry on Tuesday, is likely to be charged a total of 30 per cent in stamp duty for the luxury home on The Peak, which works out at HK$324 million. It follows the government\u2019s move to almost double the levy on November 5.
\nThe figure dwarfs the…
\n
\nSource : South China Morning Post
\nRead more…Corporate buyer to pay record HK4 million in stamp duty for luxury house on Hong Kong\u2019s Peak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A corporate buyer is set to pay the highest stamp duty ever on a 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-41724","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-aQY","jetpack-related-posts":[{"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":41724,"position":0},"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":[]},{"id":119890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-has-us132-million-in-limbo-as-its-purchase-of-shouson-hill-villas-in-hong-kong-hits-a-snag-amid-us-china-spat\/","url_meta":{"origin":41724,"position":1},"title":"Hang Lung has US$132 million in limbo as its purchase of Shouson Hill villas in Hong Kong hits a snag amid US-China spat","date":"January 28, 2021","format":false,"excerpt":"\r Hang Lung Properties, the Hong Kong buyer of the US government\u2019s real estate asset in Hong Kong, may have up to HK$1.027 billion (US$132.5 million) in limbo, as its purchase has been caught up in the souring diplomatic relations between Washington DC and Beijing.The developer paid HK$257 million as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-stamp-duty-claims-its-biggest-payer-yet\/","url_meta":{"origin":41724,"position":2},"title":"Hong Kong\u2019s new stamp duty claims its biggest payer yet","date":"November 16, 2016","format":false,"excerpt":"\r Not the most expensive purchase though xtock\/Shutterstock.com A home buyer is due to\u00a0fork out millions in stamp duty for a recent purchase, the South China Morning Post reported. The Inland Revenue Department is set to charge 30 percent in stamp duties or HKD90.54 million (USD11.7 million) on the Nov.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-october-stamp-duty-income-jumps-as-non-resident-property-buyers-pile-in-to-pick-up-bargains-amid-oversupply\/","url_meta":{"origin":41724,"position":3},"title":"Hong Kong\u2019s October stamp duty income jumps as non-resident property buyers pile in to pick up bargains amid oversupply","date":"November 12, 2019","format":false,"excerpt":"\r Individual and corporate homebuyers piled into Hong Kong property last month to pick up bargains as city developers offered the most number of units for sale in several months after a surprise relaxation of mortgage entitlements for first-home buyers.Buyers\u2019 stamp duty, a 15 per cent surcharge on the price\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102866,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-of-house-on-the-peak-in-hong-kong-walks-away-from-deal-loses-us4-6-million-deposit\/","url_meta":{"origin":41724,"position":4},"title":"Buyer of house on The Peak in Hong Kong walks away from deal \u2013 loses US$4.6 million deposit","date":"January 11, 2019","format":false,"excerpt":"\r A buyer has walked away from the purchase of a luxury house on The Peak, losing a deposit of some HK$36.09 million (US$4.6 million) in the latest sign of trouble in Hong Kong\u2019s property market. The unidentified buyer did not proceed with the transaction for House 16 on Mount\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-penthouse-sells-for-us54m-to-mainland-chinese-buyer-as-luxury-demand-spikes\/","url_meta":{"origin":41724,"position":5},"title":"Hong Kong penthouse sells for US$54m to mainland Chinese buyer as luxury demand spikes","date":"April 29, 2026","format":false,"excerpt":"\r A top-floor residence at High Peak in Hong Kong\u2019s Mid-Levels West neighbourhood has sold for HK$420 million (US$53.7 million) as activity in Hong Kong\u2019s high-end housing segment remains heated after a strong first quarter. The penthouse unit at 23 Po Shan Road sold to a company called Shine Action\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\/41724"}],"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=41724"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41724\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}