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99:1 Property Ownership Scheme: A Risky Way to Avoid ABSD

Navigating Singapore's property market can be a daunting task, especially with the Additional Buyer's Stamp Duty (ABSD) looming over potential buyers. This tax, designed to cool the property market and prioritize first-time homeowners, adds a significant cost for those purchasing second or subsequent properties. In response to this financial hurdle, some buyers have turned to a controversial strategy known...

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