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Ease ABSD for Singaporeans, urges Wing Tai boss

But it should be kept for foreigners as hot money remains an issue

[SINGAPORE] Wing Tai chairman Cheng Wai Keung has a solution for the property sector's angst over the ABSD (additional buyer's stamp duty): "Keep ABSD for foreign buyers but fine-tune it for Singaporeans who wish to buy more than one property."

He argues that the ABSD should be retained...

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