Latest news and articles about luxury real estate
Total: 1 articles found
Hong Kong has raised stamp duty on residential sales exceeding HK$100 million from 4.25% to 6.5%, a targeted revenue measure expected to affect about 0.3% of transactions and raise roughly HK$1 billion annually. The increase arrives amid a robust recovery in the housing market—luxury transactions and primary‑market sales surged in 2025 and early 2026—so authorities expect only limited impact on the recovery while signalling a willingness to tax super‑prime wealth.