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 anchored to announcement date because no effective date is recorded: 3 September 2025. Before: 7 March 2025 to 2 September 2025. After: 3 September 2025 to 1 March 2026. The same 180 days on each side; the anchor day counts as after.

Before · 7 Mar 2025 to 2 Sep 2025

9 land-sales awards

  • 29 land-sales steps in all
  • 1 other archive event
  • Singapore private residential transactions, all types of sale: 5,128 (Q2 2025)

The event

Announced 3 Sep 2025

No effective date recorded

The announcement date is the anchor.

After · 3 Sep 2025 to 1 Mar 2026

12 land-sales awards

  • 39 land-sales steps in all
  • All 180 days observable
  • Singapore private residential transactions, all types of sale: 6,699 (Q4 2025)

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.
  • 9 land-sales awards in the 180 days before the announcement date, and 12 in the 180 observable days after.
  • 3 of 3 tracked series have a whole period on both sides, so a before and after figure is stated for them.

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

  • Singapore private residential transactions, all types of sale totalled 5,128 in the whole periods inside the 180 days before the announcement date (Q2 2025) and 6,699 in those inside the 180 days after (Q4 2025).
  • Private Residential Property Price Index, All Residential was 213.2 in Q2 2025, the latest whole period before the announcement date, and 216.4 in Q4 2025, the latest whole period in the 180 days after.
  • 9 GLS site awards were recorded in the before window and 12 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 claimBeforeAfterChangeSource
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.months66No changeClaim 5

Observed around this event

View linked outcomes

The same statistic over the 180 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 180-day window

Before

5,128

Q2 2025

Coverage 91/180 days

After

6,699

Q4 2025

Coverage 92/180 days

Difference

+1,571

+30.6%

Qualified: whole periods cover 91/180 days before and 92/180 days after. Days outside a whole period are not counted and are not treated as zero. The two totals span different numbers of days.

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 180-day window

Before

213.2

Q2 2025

Coverage 91/180 days

After

216.4

Q4 2025

Coverage 92/180 days

Difference

+3.2

+1.5%

Qualified: whole periods cover 91/180 days before and 92/180 days after. Days outside a whole period are not counted and are not treated as zero.

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 180-day window

Before

202.9

Q2 2025

Coverage 91/180 days

After

203.6

Q4 2025

Coverage 92/180 days

Difference

+0.7

+0.3%

Qualified: whole periods cover 91/180 days before and 92/180 days after. Days outside a whole period are not counted and are not treated as zero.

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

30 lines

29 land-sales steps (9 awards) · 1 archive event

From the announcement date

40 lines

39 land-sales steps (12 awards) · 1 archive event

Explore concurrent events

Before (30)

  1. 13 March 2025 · Land sales

    Media Circle (Parcel A): Awarded

    Residential with commercial at 1st storey · status on 13 March 2025: Awarded · awarded to CNQC Realty (Bloomsbury) Pte. Ltd., Forsea Residence Pte. Ltd. and Hoovasun Holding Pte. Ltd. at S$315,000,000

  2. 18 March 2025 · Land sales

    Bayshore Road: Tender closed

    Residential · status on 18 March 2025: Tender closed, award pending

  3. 21 March 2025 · Land sales

    Senja Close: Launched for tender, moved from the Reserve List to the Confirmed List

    Executive Condominium residential · status on 21 March 2025: Tender open

  4. 28 March 2025 · Land sales

    Bayshore Road: Awarded

    Residential · status on 28 March 2025: Awarded · awarded to Sing-Haiyi Garnet Pte. Ltd. at S$658,888,998

  5. 3 April 2025 · Land sales

    Lentor Gardens (20,640.8 sqm parcel): Tender closed

    Residential · status on 3 April 2025: Tender closed, award pending

  6. 8 April 2025 · Land sales

    Lakeside Drive: Launched for tender, Confirmed List

    Residential with commercial at 1st storey · status on 8 April 2025: Tender open

  7. 8 April 2025 · Land sales

    Dunearn Road: Launched for tender, Confirmed List

    Residential · status on 8 April 2025: Tender open

  8. 8 April 2025 · Land sales

    Woodlands Drive 17 (EC): Launched for tender, Confirmed List

    Executive Condominium · status on 8 April 2025: Tender open

  9. 9 April 2025 · Land sales

    Lentor Gardens (20,640.8 sqm parcel): Awarded

    Residential · status on 9 April 2025: Awarded · awarded to Kingsford Huray Development Pte Ltd at S$429,230,000

  10. 29 April 2025 · Land sales

    Media Circle (Parcel B): Tender closed, no bids

    Residential with commercial at 1st storey · status on 29 April 2025: Tender closed, no bids received

  11. 13 May 2025 · Land sales

    Chuan Grove (14,514.3 sqm parcel): Launched for tender, Confirmed List

    Residential · status on 13 May 2025: Tender open

  12. 29 May 2025 · Land sales

    Sembawang Road: Launched for tender, Confirmed List

    Executive Condominium housing · status on 29 May 2025: Tender open

  13. 29 May 2025 · Land sales

    Hougang Avenue 10 / Hougang Central: Launched for tender, Confirmed List

    Mixed commercial and residential, integrated with a bus interchange · status on 29 May 2025: Tender open

  14. 3 June 2025 · Land sales

    Lakeside Drive: Tender closed

    Residential with commercial at 1st storey · status on 3 June 2025: Tender closed, award pending

  15. 9 June 2025 · Land sales

    Lakeside Drive: Awarded

    Residential with commercial at 1st storey · status on 9 June 2025: Awarded · awarded to CDL Polaris Properties Pte. Ltd. and CDL Polaris Commercial Pte. Ltd. at S$608,000,000

  16. 24 June 2025 · Land sales

    Dorset Road: Launched for tender, Confirmed List

    Residential · status on 24 June 2025: Tender open

  17. 24 June 2025 · Land sales

    Upper Thomson Road (Parcel A), 2025 tender: Launched for tender, Confirmed List

    Residential with commercial at 1st storey · status on 24 June 2025: Tender open

  18. 24 June 2025 · Land sales

    Telok Blangah Road: Launched for tender, Confirmed List

    Residential · status on 24 June 2025: Tender open

  19. 26 June 2025 · Land sales

    Dunearn Road: Tender closed

    Residential · status on 26 June 2025: Tender closed, award pending

  20. 3 July 2025 · Land sales

    Dunearn Road: Awarded

    Residential · status on 3 July 2025: Awarded · awarded to CSC Land Group (Singapore) Pte. Ltd., Sekisui House, Ltd. and Frasers Property Phoenix II Pte. Ltd. at S$491,454,208

  21. 3 July 2025 · Archive event

    Singapore extends the SSD holding period to four years and raises every residential tier by four percentage points

    Announced 3 July 2025

  22. 8 July 2025 · Land sales

    Chuan Grove: Tender closed

    Residential · status on 8 July 2025: Tender closed, award pending

  23. 17 July 2025 · Land sales

    Chuan Grove: Awarded

    Residential · status on 17 July 2025: Awarded · awarded to Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd. at S$703,600,000

  24. 29 July 2025 · Land sales

    Holland Link: Tender closed

    Residential · status on 29 July 2025: Tender closed, award pending

  25. 5 August 2025 · Land sales

    Senja Close: Tender closed

    Executive Condominium residential · status on 5 August 2025: Tender closed, award pending

  26. 5 August 2025 · Land sales

    Woodlands Drive 17 (EC): Tender closed

    Executive Condominium · status on 5 August 2025: Tender closed, award pending

  27. 7 August 2025 · Land sales

    Holland Link: Awarded

    Residential · status on 7 August 2025: Awarded · awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at S$368,368,368

  28. 26 August 2025 · Land sales

    Bukit Timah Road: Launched for tender, Confirmed List

    Residential · status on 26 August 2025: Tender open

  29. 26 August 2025 · Land sales

    Senja Close: Awarded

    Executive Condominium residential · status on 26 August 2025: Awarded · awarded to CDL Constellation Pte. Ltd. at S$252,899,000

  30. 26 August 2025 · Land sales

    Woodlands Drive 17 (EC): Awarded

    Executive Condominium · status on 26 August 2025: Awarded · awarded to CDL Divine Pte. Ltd. at S$360,899,000

After (40)

  1. 4 September 2025 · Land sales

    Chuan Grove (14,514.3 sqm parcel): Tender closed

    Residential · status on 4 September 2025: Tender closed, award pending

  2. 10 September 2025 · Land sales

    Chuan Grove (14,514.3 sqm parcel): Awarded

    Residential · status on 10 September 2025: Awarded · awarded to Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd. at S$623,910,000

  3. 11 September 2025 · Land sales

    Chencharu Close: Tender closed

    Mixed commercial and residential, integrated with a bus interchange and a hawker centre · status on 11 September 2025: Tender closed, award pending

  4. 11 September 2025 · Land sales

    Sembawang Road: Tender closed

    Executive Condominium housing · status on 11 September 2025: Tender closed, award pending

  5. 18 September 2025 · Land sales

    Bedok Rise: Launched for tender, Confirmed List

    Residential · status on 18 September 2025: Tender open

  6. 18 September 2025 · Land sales

    Cross Street (long-stay serviced apartments): Released on the Reserve List

    Residential for long-stay serviced apartments only, with commercial at 1st storey · status on 18 September 2025: On the Reserve List

  7. 26 September 2025 · Land sales

    Chencharu Close: Awarded

    Mixed 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

  8. 26 September 2025 · Land sales

    Sembawang Road: Awarded

    Executive Condominium housing · status on 26 September 2025: Awarded · awarded to Oriental Pacific Development Pte. Ltd. at S$197,777,000

  9. 8 October 2025 · Land sales

    Lorong Bistari: Launched for tender

    Multi-Storey Next-Generation Driving Centre · status on 8 October 2025: Tender open

  10. 9 October 2025 · Land sales

    Dorset Road: Tender closed

    Residential · status on 9 October 2025: Tender closed, award pending

  11. 16 October 2025 · Land sales

    Dorset Road: Awarded

    Residential · status on 16 October 2025: Awarded · awarded to United Venture Development (2022) Pte. Ltd. at S$524,300,800

  12. 16 October 2025 · Land sales

    Woodlands Drive 17 (26,979.9 sqm parcel): Launched for tender, Confirmed List

    Executive Condominium housing · status on 16 October 2025: Tender open

  13. 23 October 2025 · Land sales

    Upper Thomson Road (Parcel A), 2025 tender: Tender closed

    Residential with commercial at 1st storey · status on 23 October 2025: Tender closed, award pending

  14. 31 October 2025 · Land sales

    Upper Thomson Road (Parcel A), 2025 tender: Awarded

    Residential with commercial at 1st storey · status on 31 October 2025: Awarded · awarded to Wee Hur Property Pte Ltd and GSC Holdings Pte Ltd at S$613,939,000

  15. 4 November 2025 · Land sales

    Telok Blangah Road: Tender closed

    Residential · status on 4 November 2025: Tender closed, award pending

  16. 11 November 2025 · Land sales

    Bukit Timah Road: Tender closed

    Residential · status on 11 November 2025: Tender closed, award pending

  17. 20 November 2025 · Land sales

    Telok Blangah Road: Awarded

    Residential · status on 20 November 2025: Awarded · awarded to Kingsford Huray Development Pte Ltd at S$918,300,400

  18. 21 November 2025 · Land sales

    Bukit Timah Road: Awarded

    Residential · status on 21 November 2025: Awarded · awarded to HH Investment Private Limited at S$566,291,712

  19. 26 November 2025 · Land sales

    Dairy Farm Walk (29,444.2 sqm parcel): Launched for tender, Confirmed List

    Residential · status on 26 November 2025: Tender open

  20. 26 November 2025 · Land sales

    Tanjong Rhu Road: Launched for tender, Confirmed List

    Residential · status on 26 November 2025: Tender open

  21. 26 November 2025 · Land sales

    Dover Drive: Launched for tender, Confirmed List

    Residential with commercial at 1st storey · status on 26 November 2025: Tender open

  22. 27 November 2025 · Land sales

    Bedok Rise: Tender closed

    Residential · status on 27 November 2025: Tender closed, award pending

  23. 1 December 2025 · Planning

    Singapore gazettes Master Plan 2025 as its statutory land use plan

    Announced 1 December 2025

  24. 2 December 2025 · Land sales

    Bedok Rise: Awarded

    Residential · status on 2 December 2025: Awarded · awarded to Bellis Residential Pte. Ltd. at S$464,800,000

  25. 8 December 2025 · Land sales

    Lentor Central (15,926.2 sqm parcel): Launched for tender, Confirmed List

    Residential · status on 8 December 2025: Tender open

  26. 8 December 2025 · Land sales

    Kallang Close: Launched for tender, Confirmed List

    Residential · status on 8 December 2025: Tender open

  27. 8 December 2025 · Land sales

    Dunearn Road (19,041.6 sqm parcel): Launched for tender, Confirmed List

    Residential with commercial at 1st storey · status on 8 December 2025: Tender open

  28. 8 December 2025 · Land sales

    Telok Ayer Street: Released on the Reserve List

    Hotel, with long-stay serviced apartments · status on 8 December 2025: On the Reserve List

  29. 16 December 2025 · Land sales

    Hougang Avenue 10 / Hougang Central: Tender closed

    Mixed commercial and residential, integrated with a bus interchange · status on 16 December 2025: Tender closed, award pending

  30. 23 December 2025 · Land sales

    Miltonia Close: Launched for tender, Confirmed List

    Executive Condominium housing · status on 23 December 2025: Tender open

  31. 13 January 2026 · Land sales

    Woodlands Drive 17 (26,979.9 sqm parcel): Tender closed

    Executive Condominium housing · status on 13 January 2026: Tender closed, award pending

  32. 14 January 2026 · Land sales

    Hougang Avenue 10 / Hougang Central: Awarded

    Mixed commercial and residential, integrated with a bus interchange · status on 14 January 2026: Awarded · awarded to Horizon Residential Pte. Ltd. and Horizon Commercial Trustee Pte. Ltd. (as trustee of Horizon Commercial Trust) at S$1,500,738,338

  33. 20 January 2026 · Land sales

    Woodlands Drive 17 (26,979.9 sqm parcel): Awarded

    Executive Condominium housing · status on 20 January 2026: Awarded · awarded to Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd at S$484,000,000

  34. 22 January 2026 · Land sales

    Dairy Farm Walk (29,444.2 sqm parcel): Tender closed

    Residential · status on 22 January 2026: Tender closed, award pending

  35. 28 January 2026 · Land sales

    Dairy Farm Walk (29,444.2 sqm parcel): Awarded

    Residential · status on 28 January 2026: Awarded · awarded to ABR Holdings Limited, LWH Holdings Pte. Ltd., Macly Capital Pte Ltd and RP Ventures Pte Ltd at S$427,000,268

  36. 5 February 2026 · Land sales

    Tanjong Rhu Road: Tender closed

    Residential · status on 5 February 2026: Tender closed, award pending

  37. 10 February 2026 · Land sales

    Tanjong Rhu Road: Awarded

    Residential · status on 10 February 2026: Awarded · awarded to CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd. at S$709,252,000

  38. 25 February 2026 · Land sales

    Holland Plain: Launched for tender, Confirmed List

    Residential · status on 25 February 2026: Tender open

  39. 25 February 2026 · Land sales

    Morrison Lane: Released on the Reserve List

    Residential with commercial at 1st storey · status on 25 February 2026: On the Reserve List

  40. 26 February 2026 · Land sales

    Lorong Bistari: Tender closed

    Multi-Storey Next-Generation Driving Centre · status on 26 February 2026: Tender closed, award pending

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

    Open original source

  • UPDATES TO CORENET X IMPLEMENTATION PLAN

    Urban Redevelopment Authority · Primary source · Published 23 January 2025

    Open original source

  • 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

    Open original source

  • Stamp Duties (Housing Developers) (Remission of ABSD) Rules 2013

    Attorney-General's Chambers (Singapore Statutes Online) · Primary source · Published 24 June 2013

    Open original source

  • 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

    Open original source

  • Have the authorities considered the impact on Project Completion Period (PCP) timelines for developers?

    Building and Construction Authority · Primary source · Publication date not recorded

    Open original source

  • ABSD Housing Developers Remission Timeline Extensions for Complex Projects and CORENET X

    Inland Revenue Authority of Singapore · Primary source · Publication date not recorded

    Open original source

  • ANNEX B: FACTSHEET ON UPDATES TO CORENET X

    Building and Construction Authority · Primary source · Publication date not recorded

    Open original source

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.