DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »Hong Kong moves to cool rein in home prices
Bloomberg Hong Kong Chief Executive Leung Chun-ying is taking additional steps to cool the world’s costliest property market, where prices have rebounded after a short-lived dip. The government raised the stamp duty to 15 percent for all residential purchases except for first-time buyers who are permanent residents. Until now, the highest levy for residents was 8.5 percent, while foreigners ...
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