Hong Kong’s Stamp Duty (Amendment) Bill 2026 will raise the rate on high‑value residential property transactions. The change is expected to affect a small share of sales and boost government revenue significantly.
Hong Kong’s Stamp Duty (Amendment) Bill 2026 will be gazetted on 6 March to increase the stamp duty rate for residential property transactions where the amount or value of consideration exceeds HKD 100 million, from 4.25% to 6.5%, as announced in the 2026‑27 Budget.
A Government spokesperson said the proposal upholds the “affordable users pay” principle and is expected to boost government revenue by about HKD 1 billion annually, affecting only 0.3% of residential property transactions.
The Bill will be introduced to the Legislative Council for first reading and the commencement of the second reading debate on 18 March. If passed, it will take effect retrospectively from 26 February 2026.
This announcement was made on 4 March 2026.
