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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

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An artist's impression of UOL's Clavon, situated along Clementi Avenue 1. The 640-unit development has a pair of 37-storey-tall towers housing 1 to 5-bedroom units. Prices start at S$1,475 per sq ft.

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UOL group CEO Liam Wee Sin says the current market is stable, and estimates 2020's total new-home sales to be at 9,000-10,000 units.

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.

He told...

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