Mainland Buyer Paid 40% Tax For Sheung Shui Luxury Home Mainland buyers continue to invest in Hong Kong’s luxury homes. A Mainland buyer purchased a 1,022-square-foot three-room unit in Sheung Shui’s Woodland Crest for HK$9 million, or HK$8,806 per square foot. In addition to the 15% buyer’s stamp duty and 15% double stamp duty, the buyer is willing to pay the […]

Multi-unit Buyers Extinct in Harbour Glory Sale According to Cheung Kong, 142 out of 152 units have been sold in the first round of sales of Harbour Glory, including a 1,595-square-foot seaview flat, which sold for HK$69.95 million, or HK$43,855 per square foot. From the document uploaded by Cheung Kong, all buyers of the 142 sold units are single-unit buyers. […]

Tai Koo Shing 2-room Unit Price Soars Over HK$10m Tai Koo Shing recorded a transaction of its 582-square-foot unit in HK$10.5 million, the highest record for two-room unit in the housing estate. The net price per square foot reached HK$18,000, also breaking the record. 20 transactions in Tai Koo Shing have been recorded in October. CCL Expected To Reach 150 This […]