Showing 1 - 5 of 5
Investors dump Hong Kong properties at 20% loss as tariff war dents recovery hopes
South China Morning Post, Published on 11/04/2025
» Hong Kong property investors have continued to put up assets for sale at a loss as a tariff war between the US and China escalates, unsettling a market that has already struggled to overcome years of distress.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Property tax rejig to amplify revenue
Wichit Chantanusornsiri, Published on 17/04/2024
» Amendment of the land and building tax law is meant to enhance both the efficiency of collection and levy an appropriate rate, while the criteria will have to be tightened to close tax loopholes, says finance permanent secretary Lavaron Sangsnit.
Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
Bangkok land prices rise 10.3% in Q3
Business, Kanana Katharangsiporn, Published on 17/11/2022
» Despite the collection of the land and building tax increasing to the normal rate, prices of vacant land in Greater Bangkok continued to rise, posting year-on-year growth of 10.3% in the third quarter of 2022, the highest in five quarters.