HK resident bought Masterpiece, paying lifted stamp duty of HKD 23 million
November 10, 2016 - Tsim Sha Tsui
A 4-room duplex unit at Flat H, 63 & 65/F, Masterpiece, Tsim Sha Tsui, with a saleable area of 3,855 sq ft, has been sold through tender for HKD 155 million, or HKD 40,208 per sq ft.
It is expected to be the largest transaction since the new cooling measure was launched.
The buyer is said to be a Hong Kong resident, who has to pay the lifted stamp duty of 15%, or HKD 23.25 million.
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