The market has transitioned from a crisis phase to a . Key drivers include:
: On the completion day, your solicitor settles the balance with the seller's lawyer, and you receive the keys. buy house in hong kong
: Submit a verbal offer through your agent. In 2026, competitive bidding is returning to popular estates. The market has transitioned from a crisis phase to a
: Typically 14 days later, sign the formal contract and pay the remaining 5% deposit (totaling 10%) plus the applicable stamp duty. In 2026, competitive bidding is returning to popular estates
: Rates have stabilized around 3.25%–3.5%, significantly improving affordability compared to previous peaks.
: Extra taxes for foreign buyers, such as the 15% Buyer’s Stamp Duty (BSD), were abolished in early 2024, creating a level playing field for non-residents.
: Once the offer is accepted, sign the PASP and pay a 5% initial deposit (often called "small deposit").