Temporary relief measures for property developers, home-buyers of projects disrupted by Covid-19: The Straits Times

Covid-19 had disrupted global supply chains and caused labour shortages around the world. The implementation of circuit breaker measures had also halted work on all construction sites and caused delay in construction timelines. As such, government had announced some relief measures such as a half a year extension of additional buyer’s stamp duty (ABSD) and project completion period (PCP) deadlines to provide developers some reprieve.

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

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