Singapore legislation
Section 3
Section 3
Prohibition on sale of any commercial property without building approval
(1)
A person must not sell any commercial property unless the plans for the construction or erection of the commercial property have been approved by the Building Authority.
(2)
For the purposes of this section, a person is said to sell a commercial property if —
by an agreement in writing, the person agrees to divest the person’s estate or interest in the commercial property to another person for valuable consideration; or
by any deed or instrument, the person conveys, assigns, demises or otherwise disposes of the commercial property in such a manner so that it becomes capable of being registered under the Registration of Deeds Act 1988, the Land Titles Act 1993 or the Land Titles (Strata) Act 1967.
(3)
A lease or an agreement for a lease for a term of years not exceeding 7 years without the option of renewal or purchase is not to be deemed a sale for the purposes of this section.