Chinese are taxed additional 15 % for purchasing new homes in Hong Kong . New property tax comes after 15 % of home purchases by mainland Chinese . `` Hong Kong is the most expensive of our cities in which to purchase property , '' wrote Savills , a global real estate services provider , in its Spring 2012 World Cities Review . Chinese would - be home buyer considers new property ` ` unfair ''
Chinese are taxed additional 15 % for purchasing new homes in Hong Kong . New property tax comes after 15 % of home purchases by mainland Chinese . Chinese would - be home buyer considers new property ` ` unfair ''