- Extension of the Project Completion Period by 6 months for residential, commercial and industrial development projects
- Extension of the commencement and completion of residential development and sale of housing units in residential developments relating to the remission of the ABSD by 6 months
- Extension of the PCP and/or disposal period by up to a total of 6 months for residential development projects under the QC regime for foreign housing developers
- Extension of time by 6 months for the sale of 1st residential property relating to the ABSD remission for the 2nd residential property for a Singaporean married couple (at least 1 Singapore Citizen)
Impact on developers
Understandably this is a slight positive for developers given that construction sites and show-flats have to be closed during the circuit breaker period. For
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