[Now News Channel]The policy address announced that the stamp duty for foreign talents buying properties in Hong Kong will be changed to “exempt first and then levy”. People who come to Hong Kong with “high talents” decide to buy properties in the market. Some real estate agencies pointed out that after the measures were announced, more people made appointments to visit the properties.
Mr. Zhang moved from the Mainland to Hong Kong through “Gaocaitong” in February. His family of four rented a flat in To Kwa Wan. He saw that the policy address announced that foreign professionals would be temporarily exempted from stamp duty when purchasing properties, thus saving about approximately With millions of dollars, I decided to buy a property in Hong Kong.
Mr. Zhang: “I bought a house by myself, and my children and I have a sense of belonging to Hong Kong. Nowadays, renting a house is still a “Hong Kong drifter” mentality. If I buy a house by myself, I will be a Hong Konger as the slogan in Hong Kong says. The policy address (released) on the 25th introduced many other favorable policies, and buying a house will greatly encourage the more than 100,000 talents, talents and professionals who came to us this year.”
As of September this year, Hong Kong’s talent import program has received a total of 160,000 applications, and more than 100,000 have been approved. After the announcement of the measures, there are long queues for show flats of new developments. Will property prices rise significantly in the short term?
Founder of Chung Yuan Group Founder of Chung Yuan Group: “The beneficiaries this time are outsiders who do not have three stars (non-permanent residents). It is not a comprehensive benefit. The impact on property prices is relatively limited. Property transactions will increase in this area. , but has the entire real estate market improved? Many investment banks and industry insiders have assessed that it may not be very big. The news we heard from the front line is that the market is more active and there are more transactions, but prices can only stabilize and increase.”
Shi Yongqing predicts that the trading volume of the property market in November will be higher than that in October, but the long-term help to the property market will still have to wait and see for some time.
2023-10-28 23:30:59
#Stamp #duty #exempted #levied #People #high #talents #Hong #Kong #decide #buy #property #market
