Asia Pacific

Stamp duty impacts Hong Kong property market with sales down almost 50%

The decision to raise stamp duty rates to 15% for all but local first time buyers in early November has led to a slowdown in sales in Hong Kong. Residential sales fell by 47.3% month on month in December 2016 across all price ranges as the tax change combined with the holiday season to dampen […] The post Stamp duty impacts Hong Kong property market with sales down almost 50% appeared first on PropertyWire . Continue reading

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London Mayor wants people to have a say on estate housing regeneration

People living in London should be at the heart of estate regeneration plans from an early stage to help shape the kind of homes they will live in, according to the city’s Mayor. Mayor Sadiq Khan has published a draft good practice guide developed with councils, housing associations, and residents’ groups which recommends full rights […] The post London Mayor wants people to have a say on estate housing regeneration appeared first on PropertyWire . Continue reading

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Brexit creates opportunity for UK property investment says industry organisation

The property industry in the UK is being urged to look at and act upon the opportunities that could open up as a result of Brexit rather than focusing on the negatives. According to the Property Industry Alliance (PIA), which brings together leading representative bodies from the UK’s commercial property industry, the Government also needs […] The post Brexit creates opportunity for UK property investment says industry organisation appeared first on PropertyWire . Continue reading

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