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My cousin and his brother are both singles, age 32 and 34. Not likely to get married soon and have combined income of about 10k. They are considering getting a three or four room HDB to stay under the older brother's name a year later and then the younger brother gets a studio apartment for renting now. This is to avoid ABSD and still have an apartment each. Any better solutions?
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CommonSense Investor
24 Jun 2021
Certified Professional at Biotechnology and Gene Therapy Industry
Stay with parents for maximum frugalism
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Everybody can only own 1. So there is no loop hole, coz is singapore. Make sure u buy the correct location, for studio, u gonna sell it away in the future. Cheap doesnt means good.