SUBSCRIBERS

Covid-19 relief measures for property sector extended for 6 months

Published Mon, Jun 28, 2021 · 09:50 PM

    Singapore

    THE Singapore government has extended temporary relief measures for property developers in view of the continued disruptions to construction timelines from the Covid-19 pandemic.

    Developers will get six-month extensions to the construction timeline-related requirements for the Project Completion Period (PCP), Additional Buyer's Stamp Duty (ABSD) regime and Qualifying Certificate (QC) regime.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.