Some Developers Offer 30% Discount

To avoid paying hefty extension charges, some property developers are resorting to big discounts and creative marketing schemes to move units at various high-end residential projects, according to UOB Kay Hian and reported Singapore Business Review.

Wheelock Properties, for instance, is offering an ABSD assistance package at Ardmore Three, offering buyers discounts of 13 to 15 percent on top of an existing discount of 15 percent. This effectively translates to a price reduction of up to 30 percent.

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