Jimmy Sum09 Jun, 2023Real Estate
Buying property under trust does have its advantages and disadvantage. Especially when the ABSD for trust has increased significantly from 35% to 65% on 27 April 2023, careful consideration is needed even though ABSD remission is possible with its eligibility conditions met. Speak with a lawyer to have a thorough understanding of using this method of buying property. Otherwise, you can also seek the advice of a professional real estate agent on what works best for your current situation.
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