Is sg property cheap now?

[dreamybear]

I wonder how prevalent is the practice and whether it is largely confined to new launches ...

Note that the 1st 2 below are for subscribers.

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Iras probes home buyers who used ‘99-to-1’ loophole to avoid paying ABSD
https://www.straitstimes.com/business/in...aying-absd
"....The Straits Times has learnt that letters are being sent to some first-time buyers of private real estate asking them to explain why they sold just 1 per cent of the same property to a relative barely a week after exercising the purchase option...."

Only first-time buyers can own homes in 99-to-1 shares from the start
https://www.straitstimes.com/business/in...-the-start
"Couples buying their first private property can own it in unequal shares of 99 to 1 from the start if they plan to pick up another one in the future. The additional buyer’s stamp duty (ABSD) does not apply to first-time buyers and so they can choose to hold their property in any manner...."

The risks of buying properties in 99-to-1 share
https://cos.sg/blog-post/the-risks-of-bu...o-1-share/