The wealthy in Hong Kong, one of the world's least affordable cities, are finding new ways to invest in expensive properties yet not pay stamp duty. In Hong Kong, a first-time home buyer has to pay a stamp duty of 15 per cent, but, if the property is purchased under the name of a company, no such taxes are levied. Here is a recent example.
Property for Sale in Sector 86
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Hong Kong Seaside Mansion Sold For $86 Mn
This Is What You Should Expect From Real Estate SectPraveen Jain, president, National Real Estate Development Council (NAREDCO) & CMD Tulip , shares the major developments in the real estate sector in 2016 and their ongoing and future impact on the market.
Real Estate Sector Eyes Industry Status, What's In IThe market players see 2017 promising for real estate sector in getting the long pending ‘industry status’. Being a leading contributor to the country’s GDP and one of the highest employment generators in the country, this sector needs the right overhaul. By receiving the industry status, the real estate sector will win back the buyer’s confidence and would be able to establish a strong market place for a longer period.
10 Terms India’s Real Estate Sector Is Abuzz WithIn recent times, several terms have found their way into the country's real estate parlance.
GST: What's In Store For Real Estate SectorThough investors are going to take some time to assess the situation after the rates have been implemented, experts predict that this move shall lower inflation.
last update - 18-01-2017