Temporary Relief Measures For Property Developer And Home Buyers

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Source: Straits Times

Summary:

1) 6 months extension was given to all property developers to extend the completion date for all residential, commercial and industrial projects.

2) Home owners who are selling their current home are given 6 months extension to sell their home to claim for ABSD Remission.

That is a good news for Penrose buyers who are planning to sell their homes after purchasing Penrose Condo.

 

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