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The article does not say that non-caveated transactions were hidden from the Government. The article says they are "harder to track" because they don't show up in a database maintained by the URA. And during the trial, the Defendant admitted that these "harder to track" transactions could be...
Is the Minister for Law a member of the Government? Does the Minister know the identity of the ultimate beneficial owner of the trust entity that purchased his property? Or does the public know? :confused:
If neither the Minister nor the public knows the identity of the ultimate beneficial...
KNN, how many times must I tell you I'm not buying a car. I merely posted a photo of a Hyundai and asked if it's beautiful. :confused:
不要害我! KNN, COE $150,000:frown:
The article does not suggest that buyers pay a premium in exchange for transactions remaining non-caveated. Instead, it reports an observed association: non-caveated properties tend to sell at higher prices than caveated properties.
It does not imply that the higher prices are paid to maintain...