- Wed 19 Jun 2013 | Thai Time:
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Posted: 08 Mar 2013 | 6:00 am
Hong Kong has again implements cooling measures for its red hot real estate market.
In what has been a number of rounds already, the latest measure is doubling tax on properties which cost in exceed of THB7.7 million.
On top of this stamp duty will also escalate to 8.5%.
Mainland buyers have spurred the trend which has even reached into selling not only commercial and residential property, but as the South China Morning Post reported - car parking spaces.
Property prices in the SAR (Hong Kong) continue to be amongst the most expensive in the world.
Too cool for school Patong boutique hotel Ella
www.theellagroup.org
Burned out on TripAdvisor, check out gogobot
www.gogobot.com
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
Vietnamese Green Architect Hits Limelight
Vietnam's Vo Trong Nghia is continuing to attract worldwide attention over unique sustainable design.
Now here is a newly coined term on the environmental horizon - Parklet.
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