Ma Por Properties

On Sale or Transfer of Immovable Property in Hong Kong (The first residential property / Non-residential property)
Amount or value of the consideration		Rate
Exceeds	Does not exceed
	$3,000,000	$100
$3,000,000	$3,528,240	$100 + 10% of excess over $3,000,000
$3,528,240	$4,500,000	1.5%
$4,500,000	$4,935,480	$67,500 + 10% of excess over $4,500,000
$4,935,480	$6,000,000	2.25%
$6,000,000	$6,642,860	$135,000 + 10% of excess over $6,000,000
$6,642,860	$9,000,000	3.00%
$9,000,000	$10,080,000	$270,000 + 10% of excess over $9,000,000
$10,080,000	$20,000,000	3.75%
$20,000,000	$21,739,120	$750,000 + 10% of excess over $20,000,000
$21,739,120		4.25%
(Second residential property or above transactions to a flat rate of 7.5%)

Special Stamp Duty (SSD)
Holding period	Rate
6 months or less	20%
More than 6 months but for 12 months or less	15%
More than 12 months but for 24 months or less	10%

Buyer's Stamp Duty (BSD) - After 25 October 2023
With effect from 25 October 2023, unless specifically exempted, Buyer's Stamp Duty (BSD) is payable on an agreement for sale or a conveyance on sale executed for the acquisition of any residential property. BSD is charged at 7.5% on the stated consideration or the market value of the property (whichever is the higher).

On Lease of Immovable Property in Hong Kong
Term	Rate
Not defined or is uncertain	0.25% x of the yearly or average yearly rent
Does not exceed 1 Year	0.25% x of the total rent payable over the term of the lease
Exceeds 1 Year & Does not exceed 3 Year	0.5% x of the yearly or average yearly rent
Exceeds 3 Years	1% x of the yearly or average yearly rent
Length of Delay
not exceeding 1 month	double the amount of stamp duty
exceeding 1 month but not exceeding 2 months	4 times the amount of stamp duty
in any other case	10 times the amount of stamp duty