Revised Additional Buyer’s Stamp Duty (Housing Developers) remission timelines for collective sale sites

NOTES:
*Refers to the number of residential units upon redevelopment divided by the number of residential units in the existing development.
**For large and mega collective sale sites, a separate extension of six months is applicable to these timelines if the project falls within more than one category of the Additional Buyer’s Stamp Duty (Housing Developers) Remission Timeline Extension Framework for Complex Projects, which brings the construction timeline to three years, and the completion and sale timeline to 6½ or 7½ years.
Chart: STRAITS TIMES GRAPHICSSource: MINISTRY OF FINANCE, MINISTRY OF NATIONAL DEVELOPMENT