Smart Guide
Stamp Duty Rate

STAMP DUTY RATE

(New) Residential Property AVD rates

15% of Property Price

(Old) Residential Property AVD rates

*Applicable to Hong Kong Permanent Resident acquiring a residential property where he/she is acting on his/her own behalf and does not own any other residential property in Hong Kong at the time of acquisition

Non-residential Property AVD rates

for non-residential property transaction executed on or after 26 November 2020

Consideration or value of the property 
(whichever is the higher)

Rates at Scale 2

Up to $2,000,000

$100

$2,000,001 to $2,351,760

$100+10% of the excess over $2,000,000

$2,351,761 to $3,000,000

1.50%

$3,000,001 to $3,290,320

$45,000+10% of the excess over $3,000,000

$3,290,321 to $4,000,000

2.25%

$4,000,001 to $4,428,570

$90,000+10% of the excess over $4,000,000

$4,428,571 to $6,000,000

3.00%

$6,000,001 to $6,720,000

$180,000+10% of the excess over $6,000,000

$6,720,001 to $20,000,000

3.75%

$20,000,001 to $21,739,120

$750,000+10% of the excess over $20,000,000

$21,739,121 and above

4.25%

Remarks: *Change of Residential Property Case - A Hong Kong Permanent Resident may seek a refund of the stamp duty paid in excess of that computed under the old rates upon proof that his only other residential property has been disposed of within twelve months from the date of agreement (properties were acquired on or after 5 November 2016) to acquire a new residential property.

Special Stamp Duty(SSD)

For the residential property resold within the following periods

Applicable to all residential properties acquired on or after 27 October 2012

within 6 months

20%

after 6 but within 12 months

15%

after 24 but within 36 months

10%

Buyer’s Stamp Duty (BSD)

Applicable

Tax rate

Starting from 27 October 2012, Buyer's Stamp Duty (“BSD”) is payable if theresidential propertyis acquired by any person (including a company incorporated) except a Hong Kong Permanent Resident.

15%

Remarks: The above information is for reference only, and subject to the latest announcement of Inland Revenue Department.

Please call our Mortgage Service Hotline 2889 2886 for details.

 

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