More time for up to 500 private home projects to meet deadlines

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Source: https://www.straitstimes.com/business/property/more-time-for-up-to-500-private-home-projects-to-meet-deadlines

The Florence Residences

 

With this extension, it allows developers of the majority of former collective sale developments to have more time to manage the average selling prices.

It also helps individuals by relieving some pressure in selling their property as they now have one year instead of six months to sell their first residential property to qualify for ABSD remission for their second property.

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