Hong Kong’s lived-in home prices rose for the first time in five months in April, as transactions were spurred by a cut in the government’s stamp duty for homes worth up to HK$4 million (US$510,000).
An index measuring home prices eked out a 0.35 per cent gain to 285.7 last month, from 284.7 in March, according to the Rating and Valuation Department on Wednesday.
Transactions in the residential market jumped last month. Previously, buyers of homes worth up to HK$3 million were subject to a…Hong Kong’s lived-in home prices rose for the first time in five months in April, as transactions were spurred by a cut in the government’s stamp duty for homes worth up to HK$4 million (US$510,000).
An index measuring home prices eked out a 0.35 per cent gain to 285.7 last month, from 284.7 in March, according to the Rating and Valuation Department on Wednesday.
Transactions in the residential market jumped last month. Previously, buyers of homes worth up to HK$3 million were subject to a… Read More
Business – South China Morning Post





