Visit our new website: worldnews.easybranches.com

Data shows extra property stamp duty no brake on soaring prices, agents say

  • Wed, 13 Sep 2017 10:43
The number of transactions requiring home buyers to pay an extra stamp duty surged to a record high in August, suggesting the measure intended to cool the property market has been losing effectiveness, according to property agents. The Inland Revenue Department said Monday that 3,411 residential transactions were required to pay an extra stamp duty during the month, exceeding the previous peak of 3,298 deals in March. Income from buyers’ stamp duty and double stamp duty dropped 9.3 per... South China Morning Post - Hong Kong & China feed

Tags


Daily Deal

Related Stories

EU warns about ‘spiralling’ house prices
  • Sun, 18 Feb 2018 13:43

The European Commission has cautioned about “spiralling” house prices and has questioned the number of supposedly permanent restructured m...

Hong Kong art: Miniature art shows disappearing Hong Kong
  • Sun, 18 Feb 2018 13:33

An exhibition of miniature dioramas offers a glimpse into a disappearing way of life in Hong Kong, reports Grace Tsoi from BBC Chinese. BBC News - As...

Disney Legend Paige O’Hara Shows Her Creative Side During The Last Week of Epcot International Festival of the Arts
  • Sun, 18 Feb 2018 08:32

It’s not easy being a Disney Princess, but somehow Disney Legend Paige O’Hara pulls it off without a hitch. As the voice of one Disney’s most ic...

Burberry shows its colors for designer Bailey's swansong
  • Sun, 18 Feb 2018 08:28

LONDON (Reuters) - Burberry's star designer Christopher Bailey bid goodbye to the British brand on Saturday with a colour-infused show, showcasing des...

Hong Kong must cherish Marco Fu while we still have him – if this is the end he will be sorely missed
  • Sun, 18 Feb 2018 02:54

You only need to take a quick glance around the half-empty venues at most sports events in this city outside of the Hong Kong Sevens to see that, sadl...

Don’t pack away the winter gear just yet with mercury set to plunge again in Hong Kong
  • Sun, 18 Feb 2018 00:53

If the warm, misty weather in Hong Kong over the past two days made it seem like it’s time to put away your winter clothes, you had better think...

Cyclone Kelvin set to barrel into WA, threatening lives and property
  • Sun, 18 Feb 2018 00:41

Category one Cyclone Kelvin is expected to hit north Western Australia in the early hours of Sunday morning, with authorities warning it poses a risk ...

‘We’re where we want to be’ – David Witt optimistic as Scallywag recovers after chaotic doldrums in Volvo Ocean Race
  • Sat, 17 Feb 2018 22:51

Hong Kong’s Sun Hung Kai/Scallywag is back among the leaders in leg six of the Volvo Ocean Race after a chaotic 48 hours in which the lead chang...

Donald Trump Jr to launch Indian property developments
  • Sat, 17 Feb 2018 22:41

Kiran Stacey in New Delhi February 17, 2018 Buyers pondering buying a Donald Trump branded apartment in one of several developments around India are ...

New Galaxy S10 Leak Shows Phone Processor Specifications
  • Sat, 17 Feb 2018 20:29

While the Samsung Galaxy S9 has yet to launch, that hasn’t kept the web from running rampant regarding rumors of the successor to this unreleased ph...

Survey shows Seoul youth lean progressive
  • Sat, 17 Feb 2018 20:24

About 46 percent of Seoul residents in their 20s and 30s identify as progressive, nearly three times those leaning conse 코리아헤럴드

Noise police push Hong Kong Sevens kick-off concert indoors – and there’ll be no Red Red Wine while you watch UB40
  • Sat, 17 Feb 2018 18:43

UB40 will headline the Hong Kong Sevens kick-off concert on April 5 – but you won’t be able to drink your “Red Red Wine” while...


News Categories