Asia Real Estate News: Hong Kong’s Steep Stamp Duty Tax Fails to Curb Property Price Growth

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According to JLL's Hong Kong Residential Sales Report released this week, JLL's mass residential capital value index climbed 0.5% over the last two months. The stamp duty hike to 15% on all residential transactions failed to curb the upward trend of residential property prices across Hong Kong.

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Source : Asia Real Estate News: Hong Kong's Steep Stamp Duty Tax Fails to Curb Property Price Growth