Log out

You’re logging out from your Ohmyhome account. Continue?

Log out Cancel
Chat With Us

Construction Industry Amid COVID-19 and 14-Day Stay-Home Notice for Workers

Ohmyhome

Ohmyhome

Wonder how the construction industry is coping with the cooling measures and COVID-19 pandemic?

On 4 March 2020, the Building and Construction Authority (BCA) advised government agencies to take a sympathetic view of construction project delays and grant requests for extension of time for their completion.

The government has also sought the support of the Real Estate Developers’ Association of Singapore (REDAS) for private sector developers to take the same view as well.

Current real estate rules stipulate that property developers must fully sell all residential units in five years to qualify for an upfront remission of the 25% Additional Buyer’s Stamp Duty (ABSD) that is imposed on the purchase price of the land.

“We will continue to monitor the situation. If delays are prolonged, we will consider whether additional measures are necessary,” said Mr Zaqy Mohamed.

On 18 April 2020, the Ministry of Manpower (MOM) has announced that work permit and S Pass holders in the construction industry will be on 14-day stay-home notices (SHN) from 20 April 20 to 4 May 2020 to prevent further transmission of the coronavirus at work sites. There are 284,300 work permit holders in the construction industry. Dependant Pass holders of these workers are also to be on stay-home notice.

Construction work has generally ceased except for essential services such as those in progress for critical public infrastructure, maintenance, and services to ensure public safety. Emergency repairs and maintenance work are also allowed during the circuit breaker period.

With this new mandate causing further delays to building under construction projects, will additional measures be necessary?


If you are thinking of buying, selling, or renting property while the circuit breaker measures are in effect, don’t worry! Our team is still hard at work.

Learn more about Ohmyhome services during the circuit breaker period.

Interested in doing property transactions from the comfort and safety of your home? Download the Ohmyhome mobile app from the Play Store or App Store.


Sources: Today, The Straits Times

Our finest insights you'll be looking forward to receive.

Our finest insights you'll be looking forward to receive.

Read by 200,000 Homies. Enter your best email below to join in.

Read by 200,000 Homies. Enter your best email below to join in.

Unsubscribe anytime.

Unsubscribe anytime.

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Contact us your way

Talk to us today. Available daily 9 AM to 9 PM (GMT +8)

Our finest insights you'll be looking forward to receive.

Read by 200,000 Homies. Enter your best email below to join in.

Unsubscribe anytime.

SHARE WITH YOUR FRIENDS!

Featured Blogs

Highlighting unique property views for every Singaporean

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Ohmyhome E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

OHMYHOME E-VALUATION