Changes to housing developers’ ABSD remission timelines for complex projects and for CORENET X - A welcome step in the right direction!March 7, 2025Singapore: On 5 March 2025, the Singapore Government announced changes to the regime for the Additional Buyer’s Stamp Duty (ABSD) remission timelines for licensed housing developers for Complex projects and for approval of building works submitted through CORENET X. We explore these changes and how this is a first step to more changes in the right direction.
Extension of the deadline to deliver vacant possession – the Nuts and Bolts of new Part 8C of the COVID-19 (Temporary Measures) Act 2020June 7, 2021Singapore: This article is an update of an earlier article published on 6 November 2020, and which incorporates the new amendments to Part 8C of the COVID-19 (Temporary Measures) Act 2020 pursuant to the new COVID-19 (Temporary Measures) (Amendment No. 2) Bill passed in Parliament on 5 April 2021 (Bill No. 10/2021). In sum, this new Part 8C allows both housing developers and commercial developers to extend the original deadline to deliver possession of the units to purchasers under the sale and purchase agreements to a later date, subject to the fulfilment of certain conditions. As at the date of publication of this article, Part 8C has not come into operation yet.
Urgent adjournments of general meetings without a motion: A timely clarificationMay 4, 2020What happens when a meeting is unable to complete its agenda but runs out of time?
Dentons Rodyk represents Sim Lian Group in the project sales of Singapore's largest residential condominium development and collective sales acquisitionMay 2, 2019Dentons Rodyk is acting as project development lawyers for real estate developer, Sim Lian Group in their project sales of Treasure at Tampines. The project site of about 656,000 sq ft is situated in the eastern part of Singapore and will comprise 28 blocks of about 2,300 units making it the largest residential condominium development in Singapore in terms of the number of units.