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No further extension for ABSD remission deadline: Some disappointment over no additional time for unit sales
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Additional temporary relief measures for developers whose construction timelines have been disrupted by the pandemic were announced on Thursday.
PHOTO: REUTERS
Some residential developers are disappointed that the additional buyer's stamp duty (ABSD) remission deadline to sell all units in a project was not further extended, although they have been given an additional six months to complete construction.
Additional temporary relief measures were announced on Thursday night for developers whose construction timelines have been disrupted by the pandemic.
