Singapore legislation
Section 13
Section 13
Application of section 4 of Residential Property Act 1976
(1)
Despite section 4 of the Residential Property Act 1976, a housing accommodation under the executive condominium scheme must not be transferred to any person who is not a citizen of Singapore except in the following circumstances:
(a)
to any permanent resident on the expiry of the minimum occupation period;
(b)
to any person 5 years after the expiry of the minimum occupation period.
(2)
Any transfer made in contravention of subsection (1) is void.
(3)
Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000.