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  Home >  Tax Information - Individuals/Businesses > Stamp Duty on Transactions of Property Valuing over $20 Million

Stamp Duty on Transactions of Property Valuing over $20 Million

The Financial Secretary proposed that with effect from 1 April 2010, the stamp duty rate on transactions of property valuing over $20 million is increased from 3.75% to 4.25%. Also, deferred payment of stamp duty will not be applicable to a chargeable agreement for sale of residential property valuing over $20 million. See Stamp Duty Rates on Sale or Transfer of Immovable Property in Hong Kong for details and examples on calculation of stamp duty.

FAQ and Examples

 

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