New curbs may delay January launches

[CityFarmer]

I remember there is a max. holding period where developer will be subject to additional cost. Is that still a problem or there are workaround ?

Quoted from URA. Extension is allowed with hefty fee. I believe it is still a problem without obvious work-around IMO

"Before a foreign housing developer can purchase land for residential development in Singapore, he is required to apply for a qualifying certificate with a security equivalent to 10% of the land price. The foreign housing developer would be given up to 6 years to complete the development of the residential land.

The purpose of the security is to ensure that the foreign housing developer completes and sells all the units in the residential development and not hoard the land for speculation. However, residential land sold under the GLS programme is exempted from this requirement. Instead, the foreign housing developer is required under the land sales conditions to sell all the dwelling houses within 2 years from the date of the
Temporary Occupation Permit for the dwelling houses."