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The house is not livable and definitely needs renovation but either can be fixed or extended into a bigger house or use the land and build a new house since the building density is 120% and the cover factor is 70%.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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