REDA pushes for lower stamp duty

advertisement
Stewart Leung, center, with Ricky Wong and Wheelock Properties assistant director and general manager, commercial, Phoebe Yee. WHEELOCK PROPERTIES
Stewart Leung, center, with Ricky Wong and Wheelock Properties assistant director and general manager, commercial, Phoebe Yee. WHEELOCK PROPERTIES

Themis Qi

The Real Estate Developers Association has called on the government to lower the stamp duty for first-time home buyers to help young people get on board the property ladder, ahead of the budget to be released on February 26.

Stewart Leung Chi-kin, who chairs the REDA as well as developer Wheelock Properties, said the stamp duty cut would boost the local economy, which he thinks should be the city's priority amid global uncertainties.

The government expects to record a deficit of about HK$100 billion for the ending in March, marking a third consecutive year of deficits.

Related Article
Is Industrialization Good for the Economy?
3 Ways Robots Affect the Economy
US crude prices down nearly 2 percent as levies on China take effect
CMOC, China Rare Earth surge amid export curbs on strategic resources
Purchasing manager's index at lowest level in four months
South Korea defence ministry blocks access to DeepSeek on military use computers, official says
Uber's lower-than-expected bookings forecast, Q4 profit miss drag down shares
State Pavilia flats priced 25pc below market rates
©2025 EcoInvest All Rights Reserved
Privacy Policy
Terms of Service
  •  HOME
  •  HOT ARTICLES
  •  RECOMMENDED
  •  LATEST NEWS
  •  POPULAR POSTS
  •  RELATED ARTICLE
  •  PRIVACY POLICY
  • Home
  • HOT ARTICLES
  • RECOMMENDED
  • LATEST NEWS
  • POPULAR POSTS
  • RELATED ARTICLE
  • PRIVACY POLICY