Upgrading to a landed property during Covid-19 pandemic

Property investor Aaron Wan at his Telok Kurau home.
Property investor Aaron Wan at his Telok Kurau home.ST PHOTO: GIN TAY

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.

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