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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Beaches on borrowed time
The price of paradise�
The cost of leasehold properties
Water is a Saudi tycoon’s best friend
Keeping pace
Emerging market bonds resilient
Banks in a battle�
Grid charges temper RE euphoria
Axe for 20-year bonds?�
Fair play for local businesses

Others Also Read