The Business Times
business-time-50

UOL chief joins plea to help genuine HDB upgraders with ABSD remission

He says it helps them aspire to private condo living, and addresses their need to find interim accommodation

google-preferred-sourceAdd BT as a preferred source
Published Wed, Nov 25, 2020 · 09:50 PM

    Singapore

    ANOTHER plea has gone out, calling for genuine first-time HDB upgraders upgrading to a private condo home to be allowed to defer payment of the additional buyer's stamp duty (ABSD).

    This time, the call came from UOL group chief executive Liam Wee Sin.

    Singapore propertyUOLHDBprivate home sales

    TRENDING NOW

    As National Day approaches, Singapore is a winner by most traditional measures. But despite more people qualifying as millionaires, many do not feel financially secure.

    The S$1 million National Day paradox: ‘money dysmorphia’ amid a wealth surge

    CLI has yet to determine a timeline for its asset divestment programme, and will provide more details at its upcoming investor day.

    CapitaLand Investment to restructure portfolio, recycle up to S$9 billion

    BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive. 

    How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

    Under the Philippines’ new policy, up to four EV models will be provided with as much as 15 billion pesos each in fiscal support, in the form of tax payment certificates.

    Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More