Archive of Category ‘Government‘


Stricter Property Market Measures for Hong Kong

Less than two years after the introduction of the Special Stamp Duty (SSD), the Hong Kong Government has released details of a new round of measures to “alleviate the demand for housing” in Hong Kong.

Financial Secretary John Tsang (Center) at Central Government Offices.

The two prongs of the governments new measures are a new Buyer’s Stamp Duty (BSD) and an extension to the existing SSD in both duration and the amount of duty.

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