Levy under the Property Management Services Ordinance

The EAA was informed by the Property Management Services Authority (“PMSA”) that with effect from 1 July 2018, transferees under conveyances on the sale of the immovable properties (both residential and non-residential) in Hong Kong are liable to pay a levy of $350 to the PMSA to support its daily operation. Licensees are advised to inform purchaser clients about the levy.

Licensees are advised to read the details on the PMSA leaflet by clicking here and the related information at the PMSA website: www.pmsahk.org.hk For further enquiries, please contact the PMSA at 3696 1111.