Policy before and after · Policy relaxation
Singapore announces six-month developer ABSD timeline relief during COVID-19 restrictions
Announced 6 May 2020 · Effective 6 May 2020
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Comparison window
Comparison anchored to effective date: 6 May 2020. Before: 7 May 2019 to 5 May 2020. After: 6 May 2020 to 5 May 2021. The same 365 days on each side; the anchor day counts as after.
Before · 7 May 2019 to 5 May 2020
10 land-sales awards
- 29 land-sales steps in all
- 3 other archive events
- Singapore private residential transactions, all types of sale: 14,910 (Q1 2020)
The event
Announced 6 May 2020
Effective 6 May 2020
The effective date is the anchor.
After · 6 May 2020 to 5 May 2021
3 land-sales awards
- 10 land-sales steps in all
- All 365 days observable
- Singapore private residential transactions, all types of sale: 22,076 (Q1 2021)
What this comparison can and cannot show
Generated from this window's records
Recorded
- 6 verified claims on this event record a before and an after value.
- 10 land-sales awards in the 365 days before the effective date, and 3 in the 365 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
- 6 May 2020
- Effective
- 6 May 2020
- Issuing authority
- Singapore Land Authority, Ministry of National Development, Ministry of Finance, Inland Revenue Authority of Singapore
- Category
- Policy relaxation
- Affected market
- Residential land held by a developer with an ABSD remission under the 2013 housing developer remission Rules, for a housing development of more than 4 units, whose instrument was executed, or is treated as executed under rule 3(3), on or before 1 June 2020, for each timeline whose original deadline expired on or after 1 February 2020. Also residential projects on Government sale sites or land alienated or lease-renewed by SLA on or before 1 June 2020, for the project completion period, and qualifying certificate developers who applied to SLA for a waiver of extension charges. Separately, on the buyer side, Singaporean married couples who bought a second home jointly on or before 1 June 2020. Land whose instrument is dated from 2 June 2020 is outside this tranche. Developers under the non-licensed developer Rules of 2015 are named by the release but are not covered here.
- Primary source
- Temporary Relief Measures for Property Sector due to Coronavirus Disease 2019 (COVID-19) Pandemic
With effect from 6 May 2020, a developer under the 2013 housing developer remission Rules whose land instrument was executed on or before 1 June 2020 had 6 more months on each ABSD remission timeline whose original deadline fell on or after 1 February 2020. Commencement went from 2 years to 2 years and 6 months, and completion and sale from 5 years to 5 years and 6 months. The ABSD extension needed no application. Government land project completion periods gained 6 months, notified by the agencies. Qualifying certificate developers could apply to SLA by 1 December 2020 for a waiver of extension charges of up to a total of 6 months. In a separate buyer-side measure, married couples selling a first home got 6 more months. No rate moved.
In brief
In brief
- Singapore private residential transactions, all types of sale totalled 14,910 in the whole periods inside the 365 days before the effective date (Q3 2019, Q4 2019, Q1 2020) and 22,076 in those inside the 365 days after (Q3 2020, Q4 2020, Q1 2021).
- Private Residential Property Price Index, All Residential was 152.1 in Q1 2020, the latest whole period before the effective date, and 162.2 in Q1 2021, the latest whole period in the 365 days after.
- 10 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 |
|---|---|---|---|---|
| On the buyer side, the married couple's base sale timeline was 6 months after buying a completed second home, or 6 months after its TOP or CSC, whichever is the earlier, if bought uncompleted, so the extension made it 12 months.months | 6 | 12 | +100% | Claim 21 |
| A later development told on the June 2021 event: for instruments dated on or before 1 June 2020 whose original commencement deadline fell on or after 1 February 2020, the consolidated Rules state the commencement timeline, and the document deadline in rule 3(2)(e), as 3 years and 6 months after a third 6 months announced on 28 June 2021.months | 24 | 42 | +75% | Claim 12 |
| A later development told on the June 2021 event: for instruments dated on or before 1 June 2020 whose original completion deadline fell on or after 1 February 2020, the consolidated Rules state the completion timeline, and the TOP or CSC copy deadline, as 6 years and 6 months after the three tranches.months | 60 | 78 | +30% | Claim 13 |
| ABSD commencement timeline, 2013 Rules developers, from 24 monthsmonths | 24 | 30 | +25% | Claim 2 |
Observed around this event
View linked outcomesThe same statistic over the 365 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 365-day window
Before
14,910
Q3 2019, Q4 2019, Q1 2020
Coverage 275/365 days
After
22,076
Q3 2020, Q4 2020, Q1 2021
Coverage 274/365 days
Difference
+7,166
+48.1%
Qualified: whole periods cover 275/365 days before and 274/365 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 365-day window
Before
152.1
Q3 2019, Q4 2019, Q1 2020
Coverage 275/365 days
After
162.2
Q3 2020, Q4 2020, Q1 2021
Coverage 274/365 days
Difference
+10.1
+6.6%
Qualified: whole periods cover 275/365 days before and 274/365 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 365-day window
Before
131.5
Q3 2019, Q4 2019, Q1 2020
Coverage 275/365 days
After
142.2
Q3 2020, Q4 2020, Q1 2021
Coverage 274/365 days
Difference
+10.7
+8.1%
Qualified: whole periods cover 275/365 days before and 274/365 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 effective date
32 lines
29 land-sales steps (10 awards) · 3 archive events
From the effective date
10 lines
10 land-sales steps (3 awards) · 0 archive events
Explore concurrent eventsHide concurrent events
Before (32)
16 May 2019 · Land sales
Canberra Link: Launched for tenderExecutive Condominium housing · status on 16 May 2019: Tender open
30 May 2019 · Land sales
Bernam Street: Launched for tenderResidential with Commercial at 1st Storey · status on 30 May 2019: Tender open
27 June 2019 · Land sales
one-north Gateway: Launched for tenderResidential with Commercial at 1st Storey · status on 27 June 2019: Tender open
3 July 2019 · Land sales
Canberra Link: Tender closedExecutive Condominium housing · status on 3 July 2019: Tender closed, award pending
3 July 2019 · Land sales
Clementi Avenue 1: Tender closedResidential · status on 3 July 2019: Tender closed, award pending
9 July 2019 · Land sales
Clementi Avenue 1: AwardedResidential · status on 9 July 2019: Awarded · awarded to UOL Venture Investments Pte. Ltd. and UIC Homes Pte. Ltd. at S$491,300,000
29 August 2019 · Land sales
Jalan Bunga Rampai: Launched for tenderResidential · status on 29 August 2019: Tender open
5 September 2019 · Land sales
Tan Quee Lan Street: Tender closedResidential with Commercial at 1st Storey · status on 5 September 2019: Tender closed, award pending
5 September 2019 · Land sales
Bernam Street: Tender closedResidential with Commercial at 1st Storey · status on 5 September 2019: Tender closed, award pending
5 September 2019 · Land sales
one-north Gateway: Tender closedResidential with Commercial at 1st Storey · status on 5 September 2019: Tender closed, award pending
10 September 2019 · Archive event
Singapore replaces the AHG and SHG with the Enhanced CPF Housing Grant (EHG) and raises HDB income ceilingsAnnounced 10 September 2019
12 September 2019 · Land sales
Tan Quee Lan Street: AwardedResidential with Commercial at 1st Storey · status on 12 September 2019: Awarded · awarded to GLL D Pte. Ltd., Intrepid Investments Pte. Ltd. and Hong Realty (Private) Limited at S$800,190,000
12 September 2019 · Land sales
Bernam Street: AwardedResidential with Commercial at 1st Storey · status on 12 September 2019: Awarded · awarded to HY Realty Pte. Ltd. at S$440,900,000
12 September 2019 · Land sales
one-north Gateway: AwardedResidential with Commercial at 1st Storey · status on 12 September 2019: Awarded · awarded to TID Residential Pte. Ltd. at S$155,738,074
11 October 2019 · Land sales
Canberra Link: AwardedExecutive Condominium housing · status on 11 October 2019: Awarded · awarded to MCC Land (Singapore) Pte Ltd at S$233,890,000
31 October 2019 · Land sales
Irwell Bank Road: Launched for tenderResidential · status on 31 October 2019: Tender open
27 November 2019 · Planning
Singapore gazettes Master Plan 2019, concluding the review of the draft plan exhibited from March 2019Announced 27 November 2019
28 November 2019 · Land sales
Canberra Drive (Parcel A): Launched for tenderResidential · status on 28 November 2019: Tender open
28 November 2019 · Land sales
Canberra Drive (Parcel B): Launched for tenderResidential · status on 28 November 2019: Tender open
30 December 2019 · Land sales
Fernvale Lane: Launched for tenderExecutive Condominium housing · status on 30 December 2019: Tender open
9 January 2020 · Land sales
Irwell Bank Road: Tender closedResidential · status on 9 January 2020: Tender closed, award pending
9 January 2020 · Land sales
Jalan Bunga Rampai: Tender closedResidential · status on 9 January 2020: Tender closed, award pending
14 January 2020 · Land sales
Irwell Bank Road: AwardedResidential · status on 14 January 2020: Awarded · awarded to CDL Perseus Pte. Ltd. at S$583,888,000
14 January 2020 · Land sales
Jalan Bunga Rampai: AwardedResidential · status on 14 January 2020: Awarded · awarded to Wee Hur Development Pte Ltd at S$93,390,000
6 February 2020 · Archive event
Singapore lets listed housing developers with a substantial connection to Singapore apply for exemption from the QC regimeAnnounced 6 February 2020
3 March 2020 · Land sales
Fernvale Lane: Tender closedExecutive Condominium housing · status on 3 March 2020: Tender closed, award pending
3 March 2020 · Land sales
Canberra Drive (Parcel A): Tender closedResidential · status on 3 March 2020: Tender closed, award pending
3 March 2020 · Land sales
Canberra Drive (Parcel B): Tender closedResidential · status on 3 March 2020: Tender closed, award pending
9 March 2020 · Land sales
Canberra Drive (Parcel A): AwardedResidential · status on 9 March 2020: Awarded · awarded to Oasis Development Pte. Ltd. at S$129,196,000
9 March 2020 · Land sales
Canberra Drive (Parcel B): AwardedResidential · status on 9 March 2020: Awarded · awarded to United Venture Development (2020) Pte. Ltd. at S$270,200,000
11 March 2020 · Land sales
Fernvale Lane: AwardedExecutive Condominium housing · status on 11 March 2020: Awarded · awarded to FCL Lodge Pte. Ltd. at S$286,538,000
30 April 2020 · Land sales
Yishun Avenue 9: Launched for tenderExecutive Condominium housing · status on 30 April 2020: Tender open
After (10)
28 May 2020 · Land sales
Tanah Merah Kechil Link: Launched for tenderResidential with Commercial at 1st Storey · status on 28 May 2020: Tender open
29 October 2020 · Land sales
Yishun Avenue 9: Tender closedExecutive Condominium housing · status on 29 October 2020: Tender closed, award pending
29 October 2020 · Land sales
Tanah Merah Kechil Link: Tender closedResidential with Commercial at 1st Storey · status on 29 October 2020: Tender closed, award pending
13 November 2020 · Land sales
Tanah Merah Kechil Link: AwardedResidential with Commercial at 1st Storey · status on 13 November 2020: Awarded · awarded to MCC Land (Singapore) Pte. Ltd. at S$248,990,000
20 November 2020 · Land sales
Yishun Avenue 9: AwardedExecutive Condominium housing · status on 20 November 2020: Awarded · awarded to Sing Holdings Limited at S$373,500,000
26 November 2020 · Land sales
Tengah Garden Walk: Launched for tenderExecutive Condominium housing · status on 26 November 2020: Tender open
15 April 2021 · Land sales
Lentor Central: Launched for tenderResidential with commercial at 1st storey · status on 15 April 2021: Tender open
15 April 2021 · Land sales
Tampines Street 62 (Parcel A): Launched for tenderExecutive Condominium residential · status on 15 April 2021: Tender open
27 April 2021 · Land sales
Northumberland Road: Tender closedResidential with commercial at 1st storey · status on 27 April 2021: Tender closed, award pending
5 May 2021 · Land sales
Northumberland Road: AwardedResidential with commercial at 1st storey · status on 5 May 2021: Awarded · awarded to Maximus Residential SG Pte. Ltd. and Maximus Commercial SG Pte. Ltd. at S$445,888,000
Methodology5 rules
- Comparison anchored to effective date: 6 May 2020. 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 (6)
Primary sources6
Temporary Relief Measures for Property Sector due to Coronavirus Disease 2019 (COVID-19) Pandemic
Ministry of Law · Primary source · Published 6 May 2020
Additional Temporary Relief Measures for Property Sector due to Coronavirus Disease 2019 (COVID-19) Pandemic
Ministry of Law · Primary source · Published 8 October 2020
Extension to Temporary Relief Measures for Property Sector due to Coronavirus Disease 2019 (COVID-19) Pandemic
Ministry of Law · Primary source · Published 28 June 2021
Residential Property Act 1976, 2020 Revised Edition
Attorney-General's Chambers (Singapore Statutes Online) · Primary source · Published 31 December 2021
Stamp Duties (Housing Developers) (Remission of ABSD) Rules 2013
Attorney-General's Chambers (Singapore Statutes Online) · Primary source · Published 24 June 2013
Residential Property Act (Chapter 274), Revised Edition 2009, point-in-time version effective 31 July 2009 to 1 January 2011
Attorney-General's Chambers (Singapore Statutes Online) · Primary source · Published 31 July 2009
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.