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LONDON: England's capital faces the biggest bottlenecks of house sales in the United Kingdom as buyers and sellers rush to complete deals before a property tax increase comes into force, Rightmove says.
KUALA LUMPUR: The government has proposed a full stamp duty exemption on loan or financing agreements undertaken by micro, small, and medium enterprises (MSMEs) with investors through the Initial Exchange Offering (IEO) platform from Jan 1, 2025, to Dec 31, 2026.
THE Home Ownership Campaign 2.0 will continue until Dec 31 next year with first-time house buyers being given a full stamp duty exemption for properties priced RM500,000 and below under the programme, says Nga Kor Ming.
Kerry Properties sold 59 of the 133 flats on sale at the Hava residential project in Yuen Long as of 9.20pm on Thursday evening
SINGAPORE: Using a hefty retrenchment payoff to snap up an investment property looked like a smart move at first glance but a former sales manager only ended up buying herself a world of financial pain.
PETALING JAYA: With stamp duty for cheque book issuance having increased in cost by over 600%, the use of cheques by businesses may reduce further as some look to transition to other methods of payment.
Total value of residential properties in Hong Kong stood at HK$8.99 trillion (US$1.15 trillion) in January compared with HK$9.5 trillion before the easing
PETALING JAYA: Tropicana Corporation Bhd is offering more than RM50mil in green Raya packets to its property buyers during this festive season.
KUALA LUMPUR: First-time house buyers will continue to enjoy a 100 per cent stamp duty exemption for purchases not exceeding RM500,000 via the Malaysian Home Ownership Initiative (i-Miliki) as provided for under Budget 2023, said the Finance Ministry (MoF).
PETALING JAYA: The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) welcomes the Finance Ministry's announcement that the government will continue to implement stamp duty exemptions for property purchases by first-time house buyers.
GOMBAK: Selangor Mentri Besar Datuk Seri Amirudin Shari hopes that the recent extension of the stamp duty exemptions for first-time house buyers will help increase home ownership among young people in the state.
PETALING JAYA: The move by the authorities to have stamp duty exemptions for property purchases by first-time buyers has been welcomed by the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM).
HONG KONG/BEIJING: Chinese authorities are planning to cut the stamp duty on domestic stock trading by as much as 50%, three people with knowledge with the matter said, in a further attempt to revitalise the country's struggling stock market.
PETALING JAYA: The resumption of the stamp duty exemption allocated by the government for first-time house buyers has seen some welcoming it as a boost towards property ownership.
KUALA LUMPUR: The reduction in stamp duty will stimulate market activity and liquidity, attracting greater investor interest and bolstering trading volumes, according to Association of Stockbroking Companies Malaysia (ASCM).
The reduction of the stamp duty rate for securities trading on Bursa Malaysia beginning July will be positive for trading activity, but will not impact the exchange operator’s profit.
KUALA LUMPUR: The stamp duty rate for shares traded on Bursa Malaysia will be reduced from the current 0.15% to 0.1% of the contract value from July 2023 onwards, subject to a maximum cap of RM1,000 per contract.
KUALA LUMPUR: Lowering the stamp duty rate for shares traded on Bursa Malaysia Securities, as announced by Prime Minister Datuk Seri Anwar Ibrahim, will have very little impact on the stock market as structural problems persist in listed companies, says an economist.
PETALING JAYA: Property developers have welcomed the increased stamp duty exemption to 75% (from 50%) for first-time homebuyers for residential units priced above RM500,000 to RM1mil, which will end on Dec 31, 2023.
SINGAPORE (The Straits Times/Asia News Network): Singaporeans who receive an e-mail instructing them to transfer their outstanding stamp duty payment to an account claiming to be held in the name of the Commissioner of Inland Revenue should ignore it, the tax authority said.
