Property cooling measures likely to remain in place until at least Q2 2015

19 May 2014 - Despite proposed revisions to the double stamp duty last week, Secretary for Financial Services and Treasury, Chan Ka-keung, indicated that there is no expected easing of cooling measures in the short term. Taking into account HK’s current low interest rate environment, measures are likely to remain in place until the Fed raises its own rates – widely speculated to be between June and July next year.