Use our mortgage calculator to find out how much you can borrow and the repayments actually cost you monthly, based on your loan amount, LTV (Loan-to-value ration), and interest rate.
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Check valuation of any residential property in Hong Kong
See Property ValuationResidential Property Stamp Duty - Applicable to first-time buyer
| Property Value | Stamp Duty Rate（percentage of property value） |
|---|---|
| HK$0-HK$2,000,000 | HK$100 |
| HK$2,000,000-HK$2,351,760 | HK$100＋10% of excess over HK$2,000,000 |
| HK$2,351,760-HK$3,000,000 | 1.5% |
| HK$3,000,000-HK$3,290,320 | HK$45,000＋10% of excess over HK$3,000,000 |
| HK$3,290,320-HK$4,000,000 | 2.25% |
| HK$4,000,000-HK$4,428,570 | HK$90,000＋10% of excess over HK$4,000,000 |
| HK$4,428,570-HK$6,000,000 | 3% |
| HK$6,000,000-HK$6,720,000 | HK$180,000＋10% of excess over HK$6,000,000 |
| HK$6,720,000-HK$20,000,000 | 3.75% |
| HK$20,000,000-HK$21,739,120 | HK$750,000＋10% of excess over HK$20,000,000 |
| HK$21,739,120 or above | 4.25% |
Residential Property Stamp Duty - Applicable to non-first-time buyer
Non-first-time-buyers are liable to pay stamp duty at a flat rate of 15%.
Non-Residential Property Stamp Duty (Double Stamp Duty)
| Property Value | Stamp Duty Rate（percentage of property value） |
|---|---|
| HK$0-HK$2,000,000HK$0-HK$2,000,000 | 1.5% |
| HK$2,000,000-HK$2,351,760 | HK$30,000＋ 20% of excess over HK$2,000,000 |
| HK$2,351,760-HK$3,000,000 | 3% |
| HK$3,000,000-HK$3,290,320 | HK$90,000＋20% of excess over HK$3,000,000 |
| HK$3,290,320-HK$4,000,000 | 4.5% |
| HK$4,000,000-HK$4,428,570 | HK$180,000＋20% of excess over HK$4,000,000 |
| HK$4,428,570-HK$6,000,000 | 6% |
| HK$6,000,000-HK$6,720,000 | HK$360,000＋20% of excess over HK$6,000,000 |
| HK$6,720,000-HK$20,000,000 | 7.5% |
| HK$20,000,000-HK$21,739,120 | HK$1,5000,000＋20% of excess over HK$20,000,000 |
| HK$21,739,120 or above | 8.5% |
The legal fee for property purchase mainly includes 3 items: Sale and Purchase agreement, the assignment and the mortgage. Legal cost can be up to thousands of dollars, and varies from case to case, influenced by factors like property price, property age, loan amount etc.
If the property is sold through an agent, both the seller and buyer will have to pay for agent commission. The usual rate of commission for agents is about 1% of the sales price, it is subject to negotiation between you and your appointed estate agent.
