Wednesday, February 1, 2012

Offset on stamp duty 'not wrong'

Straits Times: Wed, Feb 01
PROPERTY consultants say there is nothing wrong with a promotion by developer Far East Organization in which it offers buyers a 'reimbursement' of stamp duty.

The developer has mounted several marketing promotions since the latest batch of property measures came into effect early last December, which included a hefty 10 per cent extra stamp duty on foreign buyers.

The promotions included furniture vouchers and the offer to reimburse stamp duty...

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Martin Koh/ Sherry Tang
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