The last year has been awful for Hong Kong landlords. Having enjoyed decades of growth and capital appreciation, they’re now facing rising vacancies, dropping rental prices, and more market uncertainty. Landlords must adapt to the new environment quickly or they’ll soon be left behind. Big Data and technology can give them a competitive edge. Background: […]
Midland Realty partnered with Carousell to create a new property listing portal. Here’s why it doesn’t matter to landlords.
A month ago, news came out that Carousell launched a property platform in partnership Midland Realty, one of the biggest brokerages in Hong Kong. I was shocked. Two giants with lots and lots of $ combining forces? Would this finally revolutionize the brokerage market in Hong Kong? Would this squeeze out many other PropTech players […]
Buyer’s Stamp Duty is a duty payable by the Purchaser upon acquiring a property. BSD is only applicable to residential properties and was implemented to help local individuals looking to buy properties by taxing foreigners & investment companies. We have created a simplified flow chart below for your reference. Here are a few government resources […]