It depends on whether this is a first hand or second-hand stock – first hand being purchases straight from developers (usually less or no fee from this), this way usually no fees from the buyer. Second-hand stock (from other investors/individuals) then shall probably require some professional fee (to the agent) usually at 1% of the total consideration.
Simon Yu, Capital Market Sr Manager, CBRE, https://www.linkedin.com/in/simonyu89/
• Over 7 years of experience in commercial real estate; currently specializing in real estate investments. His primary roles are sourcing real estate opportunities and working with different types of clients including property institutions, family offices, and private individuals.
• Strong team player with the ability to translate ideas clearly and effectively to others, ultimately striving for greater collaborations with a strong emphasis in teamwork.
• Strong passion for connecting with individuals and coordinating business events such as career development networking events.
• Flexible; ability to adapt to changing priorities and maintain strong work ethics shown in cases and in the workplace.
• Self-motivated and disciplined individual.
• Trilingual in English, Mandarin and Cantonese.
Posts made by simon.yu
RE: How much professional fee would I be charged if I invest in property in the Greater Bay Area from Hong Kong?
RE: Do you know when there will be a security token offering related projects available in Hong Kong?
In my opinion, this comes to hand to hand with the developments of the FinTech support as well as HKMA. I think it will not be too long, perhaps in the coming 2 years.
RE: [Hong Kong] How much tax should I pay if I am a first-time buyer?
The main difference is whether the buyer is a permanent resident or not – then the rest is quite straight forward laid out in the above link.