SINGAPORE - Being married to a tax consultant helped seasoned property investor Aaron Wan figure out a way to avoid paying additional buyer's stamp duty (ABSD) when he bought a more upscale property.
They decoupled ownership of their matrimonial home at Watermark @ Robertson Quay when Mr Wan transferred his share of the 880 sq ft condo to his wife in 2017.
Already a subscriber? Log in
Dive deeper at $0.99/month
Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.
ST One Digital Package - Monthly
$9.90 $0.99/month
No contract
$0.99/month for the first 3 months, $9.90/month thereafter. T&Cs apply.
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
2-week e-paper archive so you never miss out on any topic that matters to you