To beat ABSD, 38 Jervois developer launches fire sale to clear units
Prices slashed, with discounts ranging from 13% to 24% for remaining 16 units in freehold condo
Singapore
THE developer of 38 Jervois has launched a fire sale slashing prices by up to S$547,320 so that it will not incur the Additional Buyer's Stamp Duty (ABSD).
The discounts range from 13 per cent to 24 per cent for the remaining 16 units in the 27-unit freehold boutique condo which received its temporary occupation permit in March 2019.
TRENDING NOW
Think twice about rebuilding that old landed property into a super-big house to max out GFA
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’