{"id":66150,"date":"2017-09-12T06:59:49","date_gmt":"2017-09-11T23:59:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/data-shows-extra-property-stamp-duty-no-brake-on-soaring-prices-agents-say\/"},"modified":"2017-09-12T07:19:31","modified_gmt":"2017-09-12T00:19:31","slug":"data-shows-extra-property-stamp-duty-no-brake-on-soaring-prices-agents-say","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/data-shows-extra-property-stamp-duty-no-brake-on-soaring-prices-agents-say\/","title":{"rendered":"Data shows extra property stamp duty no brake on soaring prices, agents say"},"content":{"rendered":"


\nThe number of transactions requiring home buyers to pay an extra stamp duty surged to a record high in August, suggesting the measure intended to cool the property market has been losing effectiveness, according to property agents.
\nThe Inland Revenue Department said Monday that 3,411 residential transactions were required to pay an extra stamp duty during the month, exceeding the previous peak of 3,298 deals in March.
\nIncome from buyers\u2019 stamp duty and double stamp duty dropped 9.3 per…
\n
\nSource : South China Morning Post
\nRead more…Data shows extra property stamp duty no brake on soaring prices, agents say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The number of transactions requiring home buyers to pay an extra stamp duty surged to...<\/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-66150","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-hcW","jetpack-related-posts":[{"id":148343,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/moving-home-here-are-the-keys-to-completing-before-stamp-duty-rises\/","url_meta":{"origin":66150,"position":0},"title":"Moving home? Here are the keys to completing before stamp duty rises","date":"December 2, 2024","format":false,"excerpt":"\r With homebuyers facing thoudsands extra on the bill, the race is on to complete before the deadlineHomebuyers and sellers in England and Northern Ireland must act quickly to ensure property sales are complete before new stamp duty rules come into force next April. Bills for many buyers will increase,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-knock-through-to-reduce-stamp-duty\/","url_meta":{"origin":66150,"position":1},"title":"Buyers \u2018knock through\u2019 to reduce stamp duty","date":"November 4, 2016","format":false,"excerpt":"\r Number of adjoining transactions is rising, estate agents report\r \r Source : ft.com\r Read more...Buyers \u2018knock through\u2019 to reduce stamp duty","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80685,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-stamp-duty-hike-to-boost-government-coffers\/","url_meta":{"origin":66150,"position":2},"title":"Buyer\u2019s stamp duty hike to boost government coffers","date":"February 22, 2018","format":false,"excerpt":"\r Analysts noted that the extra revenue will come from the sale of ultra-luxurious properties priced above $5 million. While the recently announced higher buyer\u2019s stamp duty is not expected to put off home buyers, the hike will mean additional revenue for the government to pay for growing expenditure in\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":66150,"position":3},"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":[]},{"id":36924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-truths-house-price-rises-to-slow-to-trickle-as-brexit-and-stamp-duty-hit\/","url_meta":{"origin":66150,"position":4},"title":"Home truths: house price rises to slow to trickle as Brexit and stamp duty hit","date":"December 3, 2016","format":false,"excerpt":"\r The London market has lost its shine, experts say, and even regions seeing positive growth could be hit by further political uncertaintyOngoing uncertainty over the manner of the UK\u2019s departure from the EU is likely to weigh down the property market in 2017, say experts, who predict little or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-investors-rush-to-complete-before-stamp-duty-rise\/","url_meta":{"origin":66150,"position":5},"title":"Buy-to-let investors rush to complete before stamp duty rise","date":"March 31, 2016","format":false,"excerpt":"\r Measure designed to put brake on runaway buy-to-let market with 3% surcharge on second homes takes effect from midnightBuy-to-let landlords, estate agents, mortgage lenders and solicitors firms are locked in a last-minute battle to complete property deals before a stamp duty rise that takes effect at midnight on Friday.Following\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\/66150"}],"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=66150"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66150\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=66150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=66150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=66150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}