Private residential condos in Singapore, one of the world’s most expensive property markets. Photo: Roy Issa

Singapore’s rich kids ending up with penthouses as parents skirt taxes

  • Property agents note uptick in wealthy families buying apartments for their children to work around cooling measures
  • For children below 21, parents set up trust funds to hold property in their name, avoiding raised stamp duties on second and third homes
Topic |   Singapore

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Private residential condos in Singapore, one of the world’s most expensive property markets. Photo: Roy Issa
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