Indonesian billionaire pays 60% ABSD for four-bedder at Scotts HighPark
Indonesian billionaire Dewi Kam, with an estimated net worth of US$4.2 billion, recently purchased a freehold condominium unit in Singapore’s prime district at the price of $12.68 million ($3,084 psf). As a foreign national, Kam would have been liable for 6% buyer’s stamp duty ($760,800). Despite the fact that the contract date was May 18, […]