政府暂时放宽ABSD 主要是发展商补交ABSD 和屋主申请ABSD返还

发展商这块absd放宽是板上钉钉的停工是政府令。客工因为感染短缺也是有责任的。

其实 停工几个月大部分发展商不会错过TOP的时限。但是5年内卖完所有单位，给了一些前期定价错误导致面临销售压力的发展商一个喘息的时机。

这个以前写过，会是个很有趣的发展。价格战如果只发生在个别楼盘，会让市场买家流到这些个别楼盘。

但现在的情形不仅仅是个别楼盘的销售压力。

如果是市场普遍价格战，那就没有意义了。因为还是这么多买家平分这么多楼盘。

大家还是卖不掉。

另外有两点，一是对手握option的买家投鼠忌器，

二是低利润率下增加了极大风险，降价完还是被罚。 双杀。

这个不仅是惩罚发展商的问题了。

如果五年后集体被罚甚至亏损，必然会传导到未来标地价格上，伤害回政府，因为政府一方面不想让发展商暴利，另一方面不想贱卖土地。


毛估估，发展商公会要坐下来讨论统一策略。

能救他们的，只有迫使政府放宽措施，释放买家。

需求超过供给，对他们才是安全的。

附赠官网链接via　https://www.mnd.gov.sg/newsroom/press-releases/view/temporary-relief-measures-for-property-sector-due-to-coronavirus-disease-2019-(covid-19)-pandemicTemporary Relief Measures for Property Sector due to Coronavirus Disease 2019 (COVID-19) Pandemic

May 6, 2020

The Government announced today temporary relief measures for property developers and individuals affected by disruptions to construction timelines and sales of housing units resulting from the COVID-19 pandemic, and in particular the implementation of the circuit breaker from 7 April to 1 June 2020. The Government will continue to ensure that prices for private residential properties remain broadly consistent with economic fundamentals. Hence, these temporary relief measures do not alter the other existing residential property market cooling measures.

The temporary relief measures, to be implemented with immediate effect, are:

(i) Extension of the Project Completion Period (PCP) by 6 months for residential, commercial and industrial development projects;

(ii) Extension of time by 6 months for the commencement and completion of residential development, and sale of housing units in residential development projects in relation to the remission of the Additional Buyer’s Stamp Duty (ABSD) for housing developers[1];　　

(iii) Extension of the PCP and/or disposal period by up to a total of 6 months for residential development projects under the Qualifying Certificate (QC) regime for foreign housing developers; and

(iv) Extension of time by 6 months for the sale of the first residential property in relation to the remission of ABSD for the second residential property purchased by a Singaporean married couple[2].　

The COVID-19 pandemic, and associated public health measures imposed by governments around the world, have disrupted supply chains and created manpower shortages. The circuit breaker measures put in place from 7 April 2020 also saw the suspension of work at construction sites, operations at housing developers’ sales galleries, and home viewings. This has affected construction timelines and the sale of housing units.　

All housing developers, as well as Singaporean married couples who wish to seek ABSD remission for their second residential properties, will continue to be subject to the prevailing ABSD regime, albeit with an increase in the remission condition timelines for qualifying developers and Singaporean married couples.

The Government expects developers to similarly provide relief and support to their main contractors, especially during the circuit breaker period when the progress of work is disrupted.

The Government will continue to closely monitor the impact of the COVID-19 pandemic on the progress of work within the construction industry, and on the property sector, and will adjust our policies as necessary.　

Temporary Relief Measures for Individuals　

ABSD. Under the ABSD regime, a Singaporean married couple purchasing a second residential property jointly has to sell their first residential property within the specified timeline, failing which they will not be eligible for a remission of the ABSD paid on their second residential property. The specified timeline for sale of the first residential property is:

(i) 6 months after the date of purchase of the second property, if it is a completed property; or　

(ii) 6 months after the issue date of the Temporary Occupation Permit (“TOP”) or Certificate of Statutory Completion (“CSC”), whichever is the earlier, if the second property was uncompleted at the time of purchase.　　

Under the temporary relief measures, the specified sale timeline for remission of ABSD paid on their second residential property for Singaporean married couples will be extended by 6 months. To qualify for this extension, both of the following conditions are to be met:

(i) The couple’s second residential property was jointly purchased on or before 1 June 2020; and　

(ii) The original timeline for sale of the first residential property expired on or after 1 February 2020.　　

Eligible Singaporean married couples can refer to the IRAS website for more details. The application for the remission of ABSD must be made within 6 months after the date of sale of the first residential property.

Temporary Relief Measures for Developers

Private Residential Development Projects

PCP.　The PCP for qualifying residential development projects on Government sale sites, or on land which was directly alienated or had their lease renewed by the Singapore Land Authority (SLA), will be extended by 6 months. To qualify for the extension, both of the following conditions are to be met:

(i) The land was awarded on or before 1 June 2020, or the land was directly alienated or had their lease renewed by SLA on or before 1 June 2020; and　

(ii) The original timeline for the project to be completed was on or after 1 February 2020.

Eligible developers will be notified by the respective agencies. No application is necessary.　

ABSD.　Under the ABSD regime, developers are to commence and complete the residential development, and sell all housing units in the residential development project within the specified timelines[3],　 failing which they will be subject to the ABSD on the purchase of the land. Under the temporary relief measures, the specified commencement, completion and sale timelines will be extended by 6 months, for qualifying residential property developments.　

To qualify for the extension of the specified timeline for commencement of residential development, both of the following conditions are to be met:

(i) The land was purchased on or before 1 June 2020; and

(ii) The original timeline for commencement of the residential development expired on or after 1 February 2020.

To qualify for extension of the specified timeline for completion of residential development and sale of all housing units in a residential development project, both of the following conditions are to be met:

(i) The land was purchased on or before 1 June 2020; and

(ii) The original timeline for completion of the residential development and sale of all housing units in the development expired on or after 1 February 2020.

Eligible developers will be granted the extension automatically. No application is necessary.　

QC.　Under the QC regime, developers subject to the QC rules are to complete construction of all housing units in a residential development project within 5 years from the date of issue of the QC or the collective sale order, and dispose of all housing units within 2 years from the issue of Temporary Occupation Permit or Certificate of Statutory Completion. Under the temporary relief measures, developers applying to extend their existing completion and/or disposal deadline will be granted a waiver of extension charges of up to a total of 6 months. This will also apply to other SLA approvals requiring the completion and sale of all units in the residential development.　　

To qualify for the waiver of extension charges, both of the following conditions are to be met:

(i) The QC or SLA approval requiring the completion and sale of all units in the residential development was issued on or before 1 June 2020; and

(ii) The original timeline for completion and sale of units in the residential development expired on or after 1 February 2020.

Eligible developers can write to SLA’s Land Dealings Approval Unit (LDAU) at [email protected] by 1 December 2020 to apply.

Commercial and Industrial Development Projects

PCP.　The PCP for qualifying commercial and industrial development projects on Government sale sites, or on land which was directly alienated or had their lease renewed by the Singapore Land Authority (SLA), will be extended by 6 months. To qualify for the extension, the following conditions are to be met:

(i) The land was awarded on or before 1 June 2020; or the land was directly alienated or had their lease renewed by SLA on or before 1 June 2020; and　

(ii) The original timeline for completion of the project expired on or after 1 February 2020.

Eligible developers will be notified by the respective agencies. No application is necessary.　

[1] Details on the remission of ABSD for housing developers are provided under the Stamp Duties (Housing Developers) (Remission of ABSD) Rules 2013 and the Stamp Duties (Non-Licensed Housing Developers) (Remission of ABSD) Rules 2015.
[2]　Details on the remission of ABSD for a Singaporean married couple are provided under the Stamp Duties (Spouses) (Remission of ABSD) Rules 2013. A Singaporean married couple must include a Singapore Citizen.
[3]　The specified timelines for commencement of housing development are 2 years from the purchase of the land for all housing developers. The specified timelines for completion of housing development and sale of housing units are 5 years from purchase of the land for licensed developers (those who construct more than 4 housing units), and 3 years from purchase of the land for non-licensed developers (those who construct no more than 4 housing units).