HK$ Subject to Offer
42 Tung Street
Room(s)2 beds, 1 baths
Size (gross sq.ft)585
RENT
BUY
Room(s)2 beds, 1 baths
Size (gross sq.ft)585
Room(s)2 beds, 1 baths
Size (gross sq.ft)585
Room(s)3 beds, 3 baths
Size (gross sq.ft)1,170
Room(s)1 beds, 1 baths
Size (gross sq.ft)750
Room(s)2 beds, 2 baths
Size (gross sq.ft)1,339
Room(s)3 beds, 4 baths
Size (gross sq.ft)1,900
Room(s)5 beds, 4 baths
Size (gross sq.ft)2,100
Room(s)3 beds, 2 baths
Size (gross sq.ft)1,007
Room(s)1 beds, 2 baths
Size (gross sq.ft)1,338
Room(s)3 beds, 3 baths
Size (gross sq.ft)3,000
Room(s)3 beds, 2 baths
Size (gross sq.ft)1,256
Room(s)3 beds, 2 baths
Size (gross sq.ft)1,319
There are various stamp duties in Hong Kong, including the Buyer's Stamp Duty (BSD), Special Stamp Duty (SSD), and Double Stamp Duty (DSD) for certain transactions. These duties are calculated based on the property's value and other factors.
No, there are no restrictions on foreigners buying property in Hong Kong. Both residents and non-residents can freely purchase property, subject to compliance with relevant regulations and documentation requirements.
Mortgage loan interest rates in Hong Kong can vary depending on market conditions and individual lenders. It's advisable to consult with different banks and financial institutions to compare rates and find the best option for your specific needs. Take a look at how much you could borrow here.
The property purchase process in Hong Kong usually takes around 8 to 12 weeks, from making an offer to completing the transaction. This timeframe includes property inspections, negotiations, legal procedures, and mortgage loan processing.
When selling a property in Hong Kong, sellers typically need to consider expenses such as agent's commission, legal fees, government rates, and any outstanding mortgage repayments. It's recommended to consult with professionals to understand the specific costs associated with your sale.
Once you’ve found a luxury apartment or home that you wish to buy, you’ll need to sign a Provisional Sale & Purchase Agreement. An initial 5% holding deposit of the agreed-upon sale price is paid to the vendor upon signing this contract. Remember: buying property in Hong Kong can be stressful, but it should also be exciting!
Typically two weeks after signing the provisional agreement. This document is prepared and executed by each parties’ solicitors. Now, a further down-payment ranging between 5-10% is payable. You’re now another step closer to your dream luxury property in Hong!
Typically this is two months from signing the first document. The balance of the purchase price plus related costs are transferred to the vendor’s solicitor on or before this date. If you have applied for a mortgage, your lawyer will draw down the loan on the date of completion and make arrangements for the payment of Stamp Duty. Prior to completion you are entitled to a final inspection of the property to ensure that it is in the condition agreed to by both parties. Congratulations! You are now the proud owner of a beautiful luxury apartment in Hong Kong.
