Policy before and after · Policy relaxation
Singapore extends the CORENET X qualifying period for the developer ABSD remission timeline extension to September 2026 and September 2027
Announced 3 September 2025 · Effective date not recorded
Read the full event recordCompare with another policyCreate research brief
Comparison window
Comparison anchored to announcement date because no effective date is recorded: 3 September 2025. Before: 4 August 2025 to 2 September 2025. After: 3 September 2025 to 2 October 2025. The same 30 days on each side; the anchor day counts as after.
Before · 4 Aug 2025 to 2 Sep 2025
3 land-sales awards
- 6 land-sales steps in all
- 0 other archive events
The event
Announced 3 Sep 2025
No effective date recorded
The announcement date is the anchor.
After · 3 Sep 2025 to 2 Oct 2025
3 land-sales awards
- 8 land-sales steps in all
- All 30 days observable
What this comparison can and cannot show
Generated from this window's records
Recorded
- 1 verified claim on this event records a before and an after value.
- 3 land-sales awards in the 30 days before the announcement date, and 3 in the 30 observable days after.
- None of the 3 tracked series has a whole period on both sides of a 30-day window, so no market figure is compared.
Cannot be concluded
- That this event moved any figure on this page. The comparison is by date; nothing here is attributed to the event.
- A reading of the concurrent land sales and events as responses to this one. They are listed by date alone.
About this eventIssuing authority, category, affected market, primary source, summary
- Announced
- 3 September 2025
- Effective
- Not recorded
- Issuing authority
- Inland Revenue Authority of Singapore, Urban Redevelopment Authority
- Category
- Policy relaxation
- Affected market
- Private residential projects of licensed housing developers that go entirely through the CORENET X approval process for building works, whose first Design Gateway submission falls from 18 December 2023 to 30 September 2026 for a GFA of 30,000 sqm or more, or to 30 September 2027 for a smaller GFA, and which have at least 6 months of the 2-year commencement timeline left at that submission. A separate 6-month project completion period extension, stated with the same dates in later help centre guidance, reaches Government sale sites, land alienated or lease-renewed by SLA, and qualifying certificate projects. Buyers other than licensed housing developers, and every ABSD rate, are outside it.
- Primary source
- Revisions to Additional Buyer's Stamp Duty Regime for Housing Developers to Support Complex Projects and Onboarding to CORENET X
On 3 September 2025, the date IRAS gives, Singapore extended the qualifying window for the CORENET X extension of housing developers' ABSD remission timelines. A first Design Gateway submission by 30 September 2026 now meets the window condition for a project of 30,000 sqm GFA or more, instead of 31 December 2025, and by 30 September 2027 for a smaller project, instead of 31 December 2026. The existing 6-month extension to the commencement, completion and sale timelines did not change. A project also has to go entirely through CORENET X and have at least 6 months of its 2-year commencement timeline left at that first submission, and the developer applies through URA's project facilitators. The extension cannot be added to a complex-project extension. No ABSD rate moved.
In brief
In brief
- 3 GLS site awards were recorded in the before window and 3 in the after window.
What changed
No policy matrix is recorded for this event. These are its verified claims that store a before and an after value.
| As recorded in the claim | Before | After | Change | Source |
|---|---|---|---|---|
| The 3 September 2025 change expanded the qualifying window; the existing 6-month extension to each of the ABSD remission commencement, completion and sale timelines remained unchanged.months | 6 | 6 | No change | Claim 5 |
Observed around this event
View linked outcomesThe same statistic over the 30 days before and after the anchor. Figures describe what was recorded in each window; they do not attribute a change to this event.
Singapore private residential transactions, all types of sale
units · Total over whole quarterly periods inside each 30-day window
Before
None
Coverage 0/30 days
After
None
Coverage 0/30 days
Difference
Not stated
No whole quarterly period of this series falls inside either window, so no comparison is stated. A longer window may contain one.
Provenance
- Source
- Urban Redevelopment Authority
- Series kind
- FLOW
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Calculated (sum of published period values)
- Shown because
- Mapped to this kind of event
Private Residential Property Price Index, All Residential
index (2009Q1=100) · Value in the latest whole quarterly period inside each 30-day window
Before
None
Coverage 0/30 days
After
None
Coverage 0/30 days
Difference
Not stated
No whole quarterly period of this series falls inside either window, so no comparison is stated. A longer window may contain one.
Provenance
- Source
- Urban Redevelopment Authority
- Series kind
- INDEX
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Source fact (latest whole period)
- Shown because
- Mapped to this kind of event
HDB Resale Price Index
index (2009Q1=100) · Value in the latest whole quarterly period inside each 30-day window
Before
None
Coverage 0/30 days
After
None
Coverage 0/30 days
Difference
Not stated
No whole quarterly period of this series falls inside either window, so no comparison is stated. A longer window may contain one.
Provenance
- Source
- Housing & Development Board
- Series kind
- INDEX
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Source fact (latest whole period)
- Shown because
- Mapped to this kind of event
Concurrent planning and land activity
Land sales and other archive events dated inside the windows, listed by date only. Each land-sales line shows the site as the record stood on that day.
Before the announcement date
6 lines
6 land-sales steps (3 awards) · 0 archive events
From the announcement date
8 lines
8 land-sales steps (3 awards) · 0 archive events
Explore concurrent eventsHide concurrent events
Before (6)
5 August 2025 · Land sales
Senja Close: Tender closedExecutive Condominium residential · status on 5 August 2025: Tender closed, award pending
5 August 2025 · Land sales
Woodlands Drive 17 (EC): Tender closedExecutive Condominium · status on 5 August 2025: Tender closed, award pending
7 August 2025 · Land sales
Holland Link: AwardedResidential · status on 7 August 2025: Awarded · awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at S$368,368,368
26 August 2025 · Land sales
Bukit Timah Road: Launched for tender, Confirmed ListResidential · status on 26 August 2025: Tender open
26 August 2025 · Land sales
Senja Close: AwardedExecutive Condominium residential · status on 26 August 2025: Awarded · awarded to CDL Constellation Pte. Ltd. at S$252,899,000
26 August 2025 · Land sales
Woodlands Drive 17 (EC): AwardedExecutive Condominium · status on 26 August 2025: Awarded · awarded to CDL Divine Pte. Ltd. at S$360,899,000
After (8)
4 September 2025 · Land sales
Chuan Grove (14,514.3 sqm parcel): Tender closedResidential · status on 4 September 2025: Tender closed, award pending
10 September 2025 · Land sales
Chuan Grove (14,514.3 sqm parcel): AwardedResidential · status on 10 September 2025: Awarded · awarded to Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd. at S$623,910,000
11 September 2025 · Land sales
Chencharu Close: Tender closedMixed commercial and residential, integrated with a bus interchange and a hawker centre · status on 11 September 2025: Tender closed, award pending
11 September 2025 · Land sales
Sembawang Road: Tender closedExecutive Condominium housing · status on 11 September 2025: Tender closed, award pending
18 September 2025 · Land sales
Bedok Rise: Launched for tender, Confirmed ListResidential · status on 18 September 2025: Tender open
18 September 2025 · Land sales
Cross Street (long-stay serviced apartments): Released on the Reserve ListResidential for long-stay serviced apartments only, with commercial at 1st storey · status on 18 September 2025: On the Reserve List
26 September 2025 · Land sales
Chencharu Close: AwardedMixed commercial and residential, integrated with a bus interchange and a hawker centre · status on 26 September 2025: Awarded · awarded to Evia MCS Pte. Ltd., Gamuda (Singapore) Pte. Ltd. and H108 Pte. Ltd. at S$1,012,588,990
26 September 2025 · Land sales
Sembawang Road: AwardedExecutive Condominium housing · status on 26 September 2025: Awarded · awarded to Oriental Pacific Development Pte. Ltd. at S$197,777,000
Methodology5 rules
- Comparison anchored to announcement date because no effective date is recorded: 3 September 2025. The anchor is the effective date where one is recorded, otherwise the announcement date.
- The windows are the same number of days on each side of the anchor, and the anchor day belongs to the after window.
- A series counts toward a window only for observation periods wholly inside it, with values as originally recorded, not as later revised.
- Where no whole period falls inside a window, no value and no difference is stated; a day no whole period covers is missing, never zero.
- Concurrent land sales and archive events are listed by date alone. Nothing on this page is attributed to the event.
Sources
The event's sources (8)
Primary sources8
Revisions to Additional Buyer's Stamp Duty Regime for Housing Developers to Support Complex Projects and Onboarding to CORENET X
Ministry of Finance · Primary source · Published 5 March 2025
UPDATES TO CORENET X IMPLEMENTATION PLAN
Urban Redevelopment Authority · Primary source · Published 23 January 2025
Speech by Mr Desmond Lee, Minister for National Development, for the BCA-REDAS Built Environment and Real Estate Prospects Seminar
Building and Construction Authority · Primary source · Published 23 January 2025
Stamp Duties (Housing Developers) (Remission of ABSD) Rules 2013
Attorney-General's Chambers (Singapore Statutes Online) · Primary source · Published 24 June 2013
Have the authorities considered the impact on Additional Buyer's Stamp Duty (ABSD) remission timelines for housing developers?
Building and Construction Authority · Primary source · Publication date not recorded
Have the authorities considered the impact on Project Completion Period (PCP) timelines for developers?
Building and Construction Authority · Primary source · Publication date not recorded
ABSD Housing Developers Remission Timeline Extensions for Complex Projects and CORENET X
Inland Revenue Authority of Singapore · Primary source · Publication date not recorded
ANNEX B: FACTSHEET ON UPDATES TO CORENET X
Building and Construction Authority · Primary source · Publication date not recorded
Event checked against its primary sources on 27 September 2026. Each claim keeps its own verification status.
Observed series come from the published statistics named on each card. Land-sales lines link to the site record and its releases.