Singapore legislation
Clause 12
Clause 12
Transfer of any estate or interest in residential property vested in foreign person
(1)
Where any estate or interest in any residential property is vested in any foreign person and such foreign person is desirous of transferring the same, he shall not transfer any estate or interest in such residential property to any person other than a citizen or an approved purchaser.
(2)
Any transfer made by such foreign person in contravention of subsection (1) of this section shall be null and void.