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Developers confident of beating 2020 ABSD deadline

But for projects with deadlines beyond 2021, developers will need creative sales pitches

Some developers told The Business Times that they have sold additional units since end Sept, such as Hao Yuan's executive condominium Northwave (pictured) which cleared its final unit, while the 19-unit Cayman Residences has sold another four units.


SEVEN housing projects facing additional buyer's stamp duty (ABSD) deadlines next year have yet to sell all their units - but their developers are confident these will be sold in good time, following an opportune mix of strong demand and low supply at launch that allowed them to...

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