No further extension for ABSD remission deadline: The Straits Times

The Singapore government is granting an additional 6 months extension for residential projects to be completed under the qualifying certificate regime. However, no further extension was given to developer in relation to ABSD remission to sell all the units within 5 and a half years. The initial time period was for 5 years and a 6 months extension was given in the month of May this year.

Source: https://www.straitstimes.com/business/property/some-disappointment-over-no-additional-time-for-unit-sales

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