➢Purchase the property under the name of the SC;
➢Exercise the Option
➢Sell 1% share of the property to the PR/Foreigner and JUST pay 12% Seller Stamp Duty (SSD) and 5%/20% Additional Buyer Stamp Duty on 1% value;
➢Enter a fresh Sale and Purchase Agreement with Developers under 2
names;
➢Proceed to obtain Bank loan under 2 names

For Eg: SC and Foreigner purchasing a property worth $3,000,000

Under normal purchase whereas SC pay 4% normal stamp duty and 20% additional buyer stamp duty.

Purchase under 99% & 1% (Savings more than $500,000)