With the Hong Kong government's announcement of a comprehensive "stamp duty" policy repeal, the Hong Kong property market has experienced a wave of frenzy, attracting the attention and actions of numerous homebuyers. This policy adjustment has played a positive role in boosting the activity and purchasing power of the Hong Kong property market.

The implementation of the "stamp duty" policy repeal means that homebuyers no longer need to pay additional stamp duty and other taxes, thereby reducing the cost of home purchasing and making more people willing to enter the property market. In particular, mainland investors have shown a strong interest in the Hong Kong property market, bringing new vitality and momentum to the market.

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This policy change is widely regarded by industry insiders as having a profound impact on the Hong Kong property market. It unleashes hidden purchasing power and attracts more individuals with housing needs to participate in market transactions.

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However, despite the short-term prosperity and excitement brought about by the implementation of the "stamp duty" policy repeal, the trend of the property market is influenced by various factors, including economic conditions, policy regulations, interest rate changes, and more. Homebuyers still need to carefully consider when making purchasing decisions.

It is worth mentioning that the repeal of the "stamp duty" policy may create a certain "roller-coaster" effect in the Hong Kong property market. Short-term prosperity may lead to a rapid heating up of the market, but it may also be accompanied by risks of excessive speculation and bubbles. Therefore, the government and regulatory authorities need to closely monitor market developments, adjust policies in a timely manner, and maintain the stability and healthy development of the market.