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

Posted on January 27, 2017 by tsiadmin

Taylor Scott International News

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 . Taylor Scott International

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