Six-month reprieve to developers 'quite generous': Lawrence Wong

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A six-month extension in May for the completion of residential, commercial and industrial projects and for developers to sell off housing units was 'quite generous', said Education Minister Lawrence Wong.. Read more at straitstimes.com.

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A six-month extension in May for the completion of residential, commercial and industrial projects and for developers to sell off housing units was"quite generous", said Education Minister Lawrence Wong.

The Government will continue to monitor the situation, and continue to discuss with stakeholders in the built environment sector to see what measures"might be necessary to help the industry progress along and overcome this particularly difficult period", Mr Wong said at a virtual press conference. The extension of the project completion period was among a slew of temporary relief measures for eligible property developers and individuals affected by the Covid-19 pandemic.

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