[Sg] - Blossoms By The Park condo : 4 units bought by China men who pay 60% ABSD, 4 units by USA AMDKs who don't have to pay tax thanks to Sg-USA FTA

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Blossoms By The Park: China buyers pick up 4 units despite doubling in foreigner ABSD rate to 60%​

Another four apartments were sold to US citizens, who enjoy same stamp duty treatment as Singaporeans under the Singapore-US FTA

view20from20park.jpg


https://www.businesstimes.com.sg/pr...units-despite-doubling-foreigner-absd-rate-60
 
These Tiong buyers must be washing their ill gotten money otherwise who in the right frame of mind will pay additional 60% in taxes?
 
Key words.. sold to US citizens, who enjoy same stamp duty treatment as Singaporeans under the Singapore-US FTA

Singaporeans are cheap bastards whose privileges are freely given away except for voting and NS liabilities.
 
Are people upset that angmohs are given a special privilege, or their Tiong 祖国同胞 are getting unfairly ripped off? :unsure:

If you're upset about the unfair (asymmetric) FTAs the PAP regime signed with various countries over the years... did you just wake up from a coma? :roflmao:

Suppose the Yanks get to pay the stamp duty when buying properties here... you think a cent of that trickles down to you? :rolleyes:

Daft Sinkies are just not very smart. No wonder 95% vaxtards lah. Still many faithful booster takers and mask wearers in mid-2023. :cool:
 
Xi jinping does not tolerate chinese investors and citizens being duly discriminated and penalised.
 
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