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Hong Kong Budget 2023 / 2024 House Views

Rosanna Tang • 24/02/2023
Hong Kong Budget 2023 2024 House Views
 
On 22 February 2023, the Financial Secretary of the Hong Kong SAR Government delivered his 2023/2024 Budget Speech, which outlined a range of initiatives in supporting the economy, businesses, residents and the long-term development of the city. Real estate-related policies include:
 
  • Increasing housing and land supply
  • Lowering the Ad Valorem Stamp Duty (Rates at Scale 2)
  • Issuance of electronic consumption voucher
  • Supporting the revival of tourism and the retail market
  • Facilitating the development of “Airport City and “Smart Port”
 
These strategies are expected to support economic recovery, improve homeownership and create more diverse opportunities for Hong Kong.

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Rosanna Tang
Rosanna Tang

Deputy Managing Director, Head of HK BDS cum Head of HK Research and Head of Strategic Solutions, Valuation & Advisory
Greater Greater China

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