Temporary Relief Measures For Property Developers, Home-Buyers Of Projects Disrupted By Covid-19

Source: https://www.straitstimes.com/business/temporary-relief-measures-for-property-developers-home-buyers-of-projects-disrupted-by

As economic uncertainty hits property developers, government implement a number of measures to provide relief to property developers and purchasers affected by this pandemic.  From extension of project completion period to the completion of projects and the sale of all it’s units, eligible developers will be granted automatic extension.  Individual will also be able to qualify for half an year extension for ABSD remission if they fulfilled certain conditions.

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