{"id":76678,"date":"2018-01-15T07:30:17","date_gmt":"2018-01-15T00:30:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/time-to-upgrade-as-hong-kongs-new-property-stamp-duty-rule-kicks-in\/"},"modified":"2018-01-15T08:03:07","modified_gmt":"2018-01-15T01:03:07","slug":"time-to-upgrade-as-hong-kongs-new-property-stamp-duty-rule-kicks-in","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/time-to-upgrade-as-hong-kongs-new-property-stamp-duty-rule-kicks-in\/","title":{"rendered":"Time to upgrade as Hong Kong\u2019s new property stamp duty rule kicks in"},"content":{"rendered":"


\nHong Kong\u2019s recently announced tax relaxation will attract more property buyers and encourage upgrades in the primary market, reviving sales in the ailing pre-owned residential sector, according to analysts.
\nSt Barths, the first residential project sale in 2018, sold out its 118 flats on the weekend, partly driven by the upgrade demand.
\n\u201cSecondary market transactions shrank as a result of the cooling measures imposed by the government, and upgraders were hesitant about buying new…
\n
\nSource : South China Morning Post
\nRead more…Time to upgrade as Hong Kong\u2019s new property stamp duty rule kicks in<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s recently announced tax relaxation will attract more property buyers and encourage upgrades in...<\/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-76678","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-jWK","jetpack-related-posts":[{"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":76678,"position":0},"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":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":76678,"position":1},"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":60512,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-stamp-duty-is-beating-the-wrong-heads-and-does-nothing-to-lower-property-prices\/","url_meta":{"origin":76678,"position":2},"title":"Hong Kong\u2019s stamp duty is beating the wrong heads and does nothing to lower property prices","date":"July 12, 2017","format":false,"excerpt":"\r Investments at home and from abroad for residential properties in Hong Kong showed no sign of slowing as the government\u2019s revenue from extra stamp duty aimed to cool the market rose to a seven-month high of HK$3 billion last month ... -- SCMP Business, July 12 Let\u2019s get rid\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":76678,"position":3},"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":122154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-bno-emigrants-are-more-likely-to-rent-in-the-uk-than-buy-even-as-a-stamp-duty-holiday-ends-and-home-prices-plunge\/","url_meta":{"origin":76678,"position":4},"title":"Hong Kong\u2019s BN(O) emigrants are more likely to rent in the UK than buy, even as a stamp duty holiday ends and home prices plunge","date":"September 22, 2021","format":false,"excerpt":"\r Hong Kong immigrants under the British National (Overseas) scheme are more likely to rent when they first set foot in the United Kingdom than rushing into buying residential property, brokers said.They are also unlikely to rush into purchase commitments ahead of the end of a stamp duty holiday in\u2026","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":76678,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76678"}],"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=76678"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76678\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=76678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=76678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=76678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}