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Developers get reprieve on completion, sale, ABSD, QC deadlines

Government grants temporary 6-month extension for project completion, sale relating to ABSD remission and project disposal under QC regime

For their part, developers are expected to provide relief and support to their main contractors - especially during the circuit-breaker period - when work progress is disrupted.


THE government has rolled out temporary relief measures for the property sector, giving developers much-needed breathing room as the Covid-19 pandemic disrupts construction timelines and dampens home sales.

The temporary measures, which kick in immediately, are:


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