{"id":94025,"date":"2018-07-17T11:01:11","date_gmt":"2018-07-17T04:01:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-stamp-duties-have-worked-to-stabilise-the-housing-market-shielding-us-from-speculative-excess\/"},"modified":"2018-07-17T16:05:00","modified_gmt":"2018-07-17T09:05:00","slug":"hong-kongs-stamp-duties-have-worked-to-stabilise-the-housing-market-shielding-us-from-speculative-excess","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-stamp-duties-have-worked-to-stabilise-the-housing-market-shielding-us-from-speculative-excess\/","title":{"rendered":"Hong Kong\u2019s stamp duties have worked to stabilise the housing market, shielding us from speculative excess"},"content":{"rendered":"


\nIt\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 times. Anyone purchasing a second property is required to come up with 60 per cent of its sticker price (based on bank valuation). And then even permanent residents can expect to be slapped with up to an…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s stamp duties have worked to stabilise the housing market, shielding us from speculative excess<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s been said there are only two sure things in life: death and taxes. Since...<\/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-94025","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-osx","jetpack-related-posts":[{"id":139969,"url":"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\/","url_meta":{"origin":94025,"position":0},"title":"Hong Kong policy address 2023: will rolling back stamp duties lift Hong Kong\u2019s housing market out of the doldrums?","date":"October 21, 2023","format":false,"excerpt":"\r In 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?\r\u2026","rel":"","context":"In "Property News"","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":94025,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-to-benefit-from-hong-kong-tax-hike\/","url_meta":{"origin":94025,"position":2},"title":"Singapore to benefit from Hong Kong tax hike","date":"January 20, 2017","format":false,"excerpt":"\r Lower stamp duties in Singapore has made the city-state more attractive for Chinese investors. \u00a0 Singapore may benefit from Hong Kong\u2019s recent increase in stamp duty for overseas property buyers, reported Bloomberg. According to Cushman & Wakefield, Singapore\u2019s three-year slump in house prices could end this year as foreign\u2026","rel":"","context":"In "Property News"","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":94025,"position":3},"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 "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":94025,"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":117164,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-property-market-is-buzzing-as-buyers-see-no-deterrent-in-hefty-stamp-duties-security-law-controversy\/","url_meta":{"origin":94025,"position":5},"title":"Hong Kong\u2019s luxury property market is buzzing as buyers see no deterrent in hefty stamp duties, security law controversy","date":"June 16, 2020","format":false,"excerpt":"\r Hong Kong\u2019s luxury property market is getting an endorsement from a couple of little-known investors, who are paying hefty stamp duties by picking up swanky villas amid the city\u2019s economic and political troubles.Phoenix Technology International Limited bought a 5,148 square feet villa at Mont Rouge in Kowloon Tong for\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\/94025"}],"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=94025"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94025\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}