Listed Property Developers With 'Substantial Connection To Singapore' Can Be Exempted From Qualifying Certificate Scheme

Source: https://www.Listed Property Developers With ‘Substantial Connection To Singapore’ Can Be Exempted From Qualifying Certificate Scheme

 

In the past, Singapore’s publicly listed developer will have to comply with additional buyer’s stamp duty (ABSD) and qualifying certificate (QC) requirements.  But with immediate effect, these developers can apply for exemption from the QC scheme if they have a substantial connection to Singapore.  Their application will be reviewed and assessed based on their track records and the nationality make-up of their board of directors.  Do visit Marina One Residences showflat.

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