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For those unfamiliar with the term, a stamp duty is a tax that governments place on legal documents, usually in the transfer of assets or properties. Stamp duties are sometimes also referred to as stamp tax or documentary stamp tax. The taxes are imposed on documents for certain types of transactions that need to be recorded legally, such as marriages, military commissions, and the sale or transfer of property. 

The initial power station was fraught with construction problems so while the company was struggling to get the station up and running, it decided to provide staff with housing to boost morale. Streets were laid out next to the station and the houses built. Given it was the first part of Hong Kong to have electric lighting, the street names were taken from a verse in classic Chinese text the Three-Character Classic (San Zi Jing): The Three Forces are Heaven, Earth and Man. The Three Luminaries are the sun, the moon and the stars.

If you want to enjoy the fresh air and be surrounded by nature, Manderly Gardens has a perfect location set in a tranquil garden of greenery in a private and peaceful residential enclave. The views are spectacular and uninterrupted out over Shouson Hill and Brick Hill on the south side of Hong Kong Island.

Stanley Knoll is one of those places that has everything you need, set up to welcome families no matter where you come from, it is where you will find yourself feeling right at home. Located on a hilltop rise on the southwest side of Stanley, this older style low rise residential development is at the heart of everything. And yet you can feel the tranquillity calming you as soon as you enter, created by the lush hillside and mountain surroundings.

Living in Hong Kong, we have come to expect a lot from our choice of neighborhoods. One of these neighborhoods that never disappoints, but rather, only gets better, is Sai Ying Pun. It is a progressive neighborhood that does not forget the origins of its past, with a perfect balance between old and new that pays homage to earlier days of cultural change and artistic pursuit.

Hong Kong has a number of popular residential areas for expats to set up home, with different areas catering to people’s differing lifestyle preferences. Whether you are looking for a temporary apartment or a luxury homes in Hong Kong, there is a neighbourhood that suits every expat’s needs. Families with young children tend to favour the southern part of Hong Kong Island, and a few of the outer Islands while single expats and young couples prefer Central, the Mid-Levels area and towards Sai Ying Pun. Affluent expats often rent expensive apartments or homes at the Peak, Repulse Bay or Shouson Hill.

Built in 2004, Banksome Crest is one of Hong Kong’s most highly prized luxury modern high rise apartment buildings. A select number of these buildings are always sought out by both Hong Kong locals and expat residents because of what they offer dwellers in terms of quality living, convenience, security, privacy, and space. Banksome Crest is known for its luxury real estate.

These four A buildings have been designed to meet this market. Crisp clean ultra-modern apartments with open plan living and dining, perfect luxury bathrooms and well equipped and functional kitchens. If you are interested in properties in this area, contact our reputable and esteemed real estate agents at Engel and Volkers for more information.

If you walk around some of the older districts such as Soho, Wanchai and Sheung Wan, there are plenty of the Victorian era “shop below and residences up top”. Standing side by side in narrow alleys, or on busy streets, these are the character buildings that make Hong Kong so unique. A mish-mash of colour with air conditioning units on most windows and washing lines that can be hoisted out over the streets, those not adjusted to this style of residence can be mistaken for thinking that these are residences of the less fortunate, with facades un-kept and leaking pipes.