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Press Room

REDA to implement nine new measures on uncompleted first-hand private residential properties, while working to resolve details regarding completed properties

01-06-2010
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The Real Estate Developers Association of Hong Kong (REDA) today said that it was pleased to proceed with the issuance of the nine new measures, proposed by the Transport and Housing Bureau, to its members regarding uncompleted residential property projects. It will ask its members to adopt them in selling such projects.
REDA believes that the…

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Stamp Duty

11-02-2010
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In response to media enquiries concerning certain reports quoting Government sources speculating that the stamp duty would be raised to 4.5% for luxurious property transactions in excess of HK$20 million, a spokesman of The Real Estate Developers Association of Hong Kong made the following remarks.
“The timing of such a move is unfortunate given current uncertainties…

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