Hong Kong says it has held no discussions on relaxing property stamp duty


HONG KONG: Hong Kong's government said on Tuesday it had no plans to relax its stamp duty on property, responding to media reports that it could consider waiving the extra stamp duty that mainland Chinese have to pay to buy property in the city.

"(The government) clearly states that there are no relevant plans," a spokesman for the Financial Secretary's Office said in a statement.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

stamp duty , Hong Kong , home prices , interest rates ,

   

Next In Business News

Trading ideas: MAHB, Sime Darby, Pantech, Barakah, Meta Bright, Mudajaya, Citaglobal, Cropmate, Sunsuria
GDP growth on track with 5.3% 3Q expansion
MR DIY’s earnings to pick up in the fourth quarter
Boon or bane?
Fed refuses to back Basel climate plan, leaving talks in limbo
MAKING RE CERTIFICATION VIABLE FOR MALAYSIA, REGION
Staying RE-laxed in Malaysia
IHG to expand Vietnam hotel network from 16 to 40 properties
CCK to invest RM20mil in new cold room
The Week Ahead

Others Also Read