Is there a way to calculate/estimate property value based on Rateable Value? I need to get the so-called market value of a village house to determine the stamp duty for a family to family sale. Thanks to anyone with info on this.
Is there a way to calculate/estimate property value based on Rateable Value? I need to get the so-called market value of a village house to determine the stamp duty for a family to family sale. Thanks to anyone with info on this.
Play around here till you get the right answer.. (forgotten what the formula is..)
https://www.rvd.gov.hk/en/our_services/calculator.html
I can't seem to find what I'm looking for there.
I have the rateable value, and would like to calculate the market value...
The rateable value is the estimated market rent. It's not based on the property value. Go to a bank and pretend you need a mortgage, they'll give you an estimate.