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SINGAPORE-HONGKONG/PROPERTY
RTR3CI2I 
January 16, 2013 
A man walks past a realty agency which sells luxurious residential flats in Hong Kong January 15, 2013.... 
Hong Kong, China 
A man walks past a realty agency which sells luxurious residential flats in Hong Kong 
A man walks past a realty agency which sells luxurious residential flats in Hong Kong January 15, 2013. Hong Kong raised its stamp duty on foreign buyers to 15 percent back in last October. Singapore and Hong Kong now have identical 15 percent levies to slow the foreign money that has added fuel to their overheated property markets - measures that will help first-time buyers but throw the spotlight on investors' next targets. The curbs on residential real estate purchases could shift demand to retail and industrial spaces, diverting billions of dollars to those sectors as well as to housing markets in the United States, Canada, Australia and Malaysia. Picture taken January 15, 2013. REUTERS/Bobby Yip (CHINA - Tags: REAL ESTATE BUSINESS) 
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