Client $3-$ Mr$.$ Wei Mr$.$ Wei is a non$-$Hong Kong resident and an Australian citizen. He came to Hong Kong on $27$ March $2024$ to visit his friends. On $1$ May $2024,$ Mr$.$ Wei signed the ASP to purchase a commercial property $($first$-$time in his life buying properties in Hong Kong$)$ located at Wong Chuk Hang, Hong Kong. Total costs paid by Mr$.$ Wei included: The property was subsequently leased out to Mr$.$ Fung under the following terms: $($i$)$ Term of lease: two years from $1$ August $2024($i$)$ Monthly rental: $$56,000($ii$)$ Rent deposit: $$102,000$ paid on signing the lease agreement $($iii$)$ Management fee: $$2,500$ per month, payable by the tenant to management company $($iv$)$ Rates: $$6,000$ per quarter, payable by the landlord to the government $($v$)$ Repair of windows in the commercial property: $$2,000$ paid by Mr$.$ Wei $($vi$)$ Mr$.$ Fung failed to pay rent since $1$ January $2025.$ Mr$.$ Wei was informed by the management company that the tenant had moved out on $28$ February $2025$ and could not be contacted. Course: Hong Kong taxation Q: Applicable Stamp Duty payable by Mr Wei. $($Client $3).$