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MP Elysa Chen proposes higher taxes on owners with multiple investment properties

CNA

The brief

“Anyone who has played Monopoly knows the game changes once a player owns several properties.” Drawing on the board game, Bishan-Toa Payoh GRC MP Elysa Chen proposed higher taxes on owners of multiple investment properties in parliament on Tuesday (Oct 6). Noting that young couples looking for a home are not competing on equal terms with investors who already own multiple properties, she proposed progressively higher…

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CNA

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