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Redas explains why some cooling measures need to be revised

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Speaking at the association's spring festival lunch at Shangri-La Hotel, Redas's new president Chia Ngiang Hong said there could be some flexibility in the timeframe needed to complete the sales of projects when it comes to the remissible additional buyers' stamp duty (ABSD) for developers.


THE Real Estate Developers' Association of Singapore (Redas) has given reasons why some of the property cooling measures should be revised, and at the same time called for more dialogue between the Government and property stakeholders.

Finance Minister Heng Swee Keat said...