Stamp Duty & Purchase Budget
What you will actually need in cash
Stamp duty is payable in cash and cannot be financed, so it belongs in the budget from the start. Enter a price to get the ad valorem duty on the current scale — with the luxury rate applied automatically to residential property above $100m — then the deposit, commission, legal fees and other costs on top.
Buying as a non-permanent resident or through a company no longer changes the duty. Switch the regime toggle to Pre-2024 to see what the same purchase would have cost before 28 February 2024 — for many buyers the difference runs into seven figures.
① Property and buyer
② Budget assumptions
Total stamp duty payable
HK$240,000
3.00% of price · Current regime: ad valorem duty only (luxury rate above $100m residential)
① Ad valorem duty (AVD)
HK$240,000
Scale 2 — 3.000%
② New Residential SD 7.5%
HK$0
— Not applicable
③ Buyer’s SD 7.5%
HK$0
— Not applicable
③ Total cash to completion
📋 AVD Scale 2 bands (from 26 Feb 2025) and the luxury rate (from 26 Feb 2026)
| Price or value, whichever is higher | Rate |
|---|---|
| $4,000,000 or below | $100 (flat) |
| $4,000,001 – $4,323,780 | $100 + 20% of excess over $4,000,000 |
| $4,323,781 – $4,500,000 | 1.5% |
| $4,500,001 – $4,935,480 | $67,500 + 10% of excess over $4,500,000 |
| $4,935,481 – $6,000,000 | 2.25% |
| $6,000,001 – $6,642,860 | $135,000 + 10% of excess over $6,000,000 |
| $6,642,861 – $9,000,000 | 3.00% |
| $9,000,001 – $10,080,000 | $270,000 + 10% of excess over $9,000,000 |
| $10,080,001 – $20,000,000 | 3.75% |
| $20,000,001 – $21,739,120 | $750,000 + 10% of excess over $20,000,000 |
| $21,739,121 or above | 4.25% |
| [Luxury · residential] $100,000,001 – $109,574,470 | $4,250,000 + 30% of excess over $100m |
| [Luxury · residential] $109,574,471 or above | 6.5% |
1. All demand-side measures were abolished with effect from 28 February 2024: SSD, BSD and NRSD no longer apply, and every buyer pays ad valorem duty at Scale 2 only.
2. Scale 2 bands reflect the 2025/26 Budget (effective 26 February 2025). The luxury rate for residential property above $100m reflects the 2026 Budget (effective 26 February 2026); non-residential property stays on Scale 2.
3. The pre-2024 regime is shown for comparison only: NRSD at a flat 7.5% (halved from 15% on 25 October 2023), BSD at 7.5%, with close-relative nomination and joint purchases exempt.
4. SSD was payable by a seller disposing within two years of purchase (10%–20%) and was abolished on 28 February 2024, so it is not included here. Car parks sold together with a flat, and multiple units under one agreement, need specific advice.
5. Legal fees, commission and other costs are estimates; actual amounts depend on each provider’s quotation. This calculator is for guidance and is not tax advice.
A real adviser · reply the same day
Budget settled — now the part that is negotiable.
Stamp duty is fixed. The rate, the rebate and how the cash is timed are not. Tell us your numbers and we will show you which mortgage structure leaves you better off.