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