Hong Kong
Stamp duty increase set to slow down property sales in Hong Kong
An increase in stamp duty rates in Hong Kong is expected to drag down the number of residential sales but prices should remain steady due to strong end-user demand and a robust primary market. Overall the property market remained active in October with sales volumes reaching 6,601 units, doubling the level of a year ago, […] The post Stamp duty increase set to slow down property sales in Hong Kong appeared first on PropertyWire . Continue reading →
Trump election victory could hit commercial property markets in Asia Pacific
The result of the US election is likely to lead to more uncertainty in the commercial property market in the Asia Pacific region with many markets already seeing rents fall. Overall prime commercial rents increased 0.6% quarter on quarter and 1% year on year at the end of the third quarter of 2016, according to […] The post Trump election victory could hit commercial property markets in Asia Pacific appeared first on PropertyWire . Continue reading →
Property industry in UK wants tax boost for Build to Rent sector
The British property industry is hoping that Chancellor Philip Hammond will announce tax measures in his autumn statement that will boost the fledgling build to rent sector as a time when more homes are needed in the rented sector. Figures from the British Property Federation show that in the past year the number of Build […] The post Property industry in UK wants tax boost for Build to Rent sector appeared first on PropertyWire . Continue reading →