“Up to around 500 private housing developments in Singapore could benefit from a six-month extension to the original timeline for the completion and sale of the projects’ housing units, a Ministry of Finance spokesman told The Straits Times on Thursday (May 7).” Quote from Ministry of Finance & The Straits Times The significance of thisContinue reading “COVID-19 Special: Developers to get more time to finish and sell by ABSD deadlines, allowed to start construction 2 and a half years later”
Tag Archives: ABSD remission
COVID-19 Special: Married Singaporean couples to get extra six months to sell their first residential property to qualify for ABSD remission
“Married Singaporean couples will have one year instead of six months to sell their first residential property to qualify for remission of additional buyer’s stamp duty (ABSD) for their second property.” Quote from The Straits Times On first look, this temporary relief measure does not seem very impactful but this is one of the bestContinue reading “COVID-19 Special: Married Singaporean couples to get extra six months to sell their first residential property to qualify for ABSD remission”
Reuel Eugene Tay 