For subscribers
More time for up to 500 private home projects to meet deadlines
Sign up now: Get ST's newsletters delivered to your inbox
The extra time given to developers is among a slew of temporary relief measures rolled out earlier this week.
PHOTO: ST FILE
Up to about 500 private housing developments in Singapore could benefit from a six-month extension for the completion and sale of the projects' housing units, said a Ministry of Finance spokesman.
The extra time given to developers to meet conditions for additional buyer's stamp duty (ABSD) remission is among a slew of temporary relief measures rolled out earlier this week. These are meant to help developers and home buyers amid the circuit breaker period, which has disrupted construction timelines and property sales.
