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Katong Plaza, Fortune Park extend tender close

Janice Heng

Published Thu, Jul 26, 2018 · 09:50 PM

Singapore

KATONG Plaza and Fortune Park are the latest collective sale hopefuls to extend their tender closing dates to Sept 11 and Sept 14, respectively, in light of property cooling measures. Huttons Asia, which acts as the property consultant for both freehold projects, announced the extensions on Thursday.

Huttons Asia said that the decision was made in consultation with each collective sale committee. The cooling measures which kicked in on July 6 include higher additional buyer's stamp duty (ABSD) rates and tighter loan-to-value limits.

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