Singapore has extended the deadline for the Additional Buyer’s Stamp Duty (ABSD) for large en bloc redevelopment projects. The adjustment specifically targets projects capable of yielding at least 700 residential units. This move aims to provide developers with more flexibility and time to complete complex redevelopments. The government recognizes the longer timelines often required for these large-scale projects, involving planning, design, and construction phases. By extending the ABSD deadline, authorities hope to encourage and facilitate continued investment in urban renewal. This decision is expected to support the ongoing transformation of older residential areas through collective sales and rebuilding efforts. The extension is intended to address challenges faced by developers undertaking substantial redevelopment initiatives.