Hong Kong Stamp Duty Summary
This table shows all current stamp duties imposed by the Hong Kong government on property purchases made within the region
OKAY.COM
REGULAR STAMP DUTYSPECIAL STAMP DUTY (SSD)BUYER'S STAMP DUTYAD VALOREM STAMP DUTY(inclusive of Regular Stamp Duty)
Transactions AffectedAllProperties purchased after SSD introductionProperties purchased by company or non-permanent residentProperties purchased by non first-time buyer
Responsible for PaymentPurchaserBoth Vendor and Purchaser (negotiable)PurchaserPurchaser
Effective DatesOngoing

(A) Properties purchased between 20-Nov-2010 and 26-Oct-2012

(B) Properties purchased after 27-Oct-2012

From Oct-27-2012From 5-Nov-2016
Payment Amount

PURCHASE AMOUNT OR CONSIDERATION VALUE (whichever is higher):

Under $2,000,000$100
$2,000,000 - $2,351,760$100 + 10% In excess of $2M
$2,351,760 - $3,000,0001.50%
$3,000,000 - $3,290,320$45,000 + 10% In excess of $3M
$3,290,320 - $4,000,0002.25%
$4,000,000 - $4,428,570$90,000 + 10% In excess of $4M
$4,428,570 - $6,000,0003%
$6,000,000 - $6,720,000$180,000 + 10% In excess of $6M
$6,720,000 - $20,000,0003.75%
$20,000,000 - $21,739,120$750,000 + 10% In excess of $20M
Over $21,739,1204.25%

(A) Properties sold within:
6 months - 15%
1 year - 10%
2 years - 5%

(B) Properties sold within:
6 months - 20%
1 year - 15%
2 years - 10%

Non-Permanent resident or Company Buyer - 15%Fixed Rate of 15%
ExemptionsNoneUnits purchased by Seller before 20-Nov-2010 or sold after 2-3 years of purchase subject to (A) and (B) abovePermanent HKID Card holdersFirst time buyers and those not in possession of another property at the time of purchase
OKAY.COM
REGULAR STAMP DUTY
Transactions Affected
All
Responsible for Payment
Purchaser
Effective Dates
Ongoing
Payment Amount

PURCHASE AMOUNT OR CONSIDERATION VALUE (whichever is higher):

Under $2,000,000$100
$2,000,000 - $2,351,760$100 + 10% In excess of $2M
$2,351,760 - $3,000,0001.50%
$3,000,000 - $3,290,320$45,000 + 10% In excess of $3M
$3,290,320 - $4,000,0002.25%
$4,000,000 - $4,428,570$90,000 + 10% In excess of $4M
$4,428,570 - $6,000,0003%
$6,000,000 - $6,720,000$180,000 + 10% In excess of $6M
$6,720,000 - $20,000,0003.75%
$20,000,000 - $21,739,120$750,000 + 10% In excess of $20M
Over $21,739,1204.25%
Exemptions
None
OKAY.COM
SPECIAL STAMP DUTY (SSD)
Transactions Affected
Properties purchased after SSD introduction
Responsible for Payment
Both Vendor and Purchaser (negotiable)
Effective Dates

(A) Properties purchased between 20-Nov-2010 and 26-Oct-2012

(B) Properties purchased after 27-Oct-2012

Payment Amount

(A) Properties sold within:
6 months - 15%
1 year - 10%
2 years - 5%

(B) Properties sold within:
6 months - 20%
1 year - 15%
2 years - 10%

Exemptions
Units purchased by Seller before 20-Nov-2010 or sold after 2-3 years of purchase subject to (A) and (B) above
OKAY.COM
BUYER'S STAMP DUTY
Transactions Affected
Properties purchased by company or non-permanent resident
Responsible for Payment
Purchaser
Effective Dates
From Oct-27-2012
Payment Amount
Non-Permanent resident or Company Buyer - 15%
Exemptions
Permanent HKID Card holders
OKAY.COM
AD VALOREM STAMP DUTY(inclusive of Regular Stamp Duty)
Transactions Affected
Properties purchased by non first-time buyer
Responsible for Payment
Purchaser
Effective Dates
From 5-Nov-2016
Payment Amount
Fixed Rate of 15%
Exemptions
First time buyers and those not in possession of another property at the time of purchase
Last Updated Date: 15 Nov 2016
DISCLAIMER: The information contained herein has been gathered from sources we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. Please note that the current stamp duties applied by the government are considered provisional and may be subject to change. The latest stamp duty information can be found on the Hong Kong government website. All information is provided strictly for reference and should be verified prior to purchase or lease.
15/F, Wilson House, 19-27 Wyndham Street, Central, Hong Kong | T: +852 2102 0888