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Singapore legislation

Regulation 2

of Housing and Development (Exemptions from Section 50(1) of Act) Notification 2023

Regulation 2

Definitions

In this Notification —“foreign country” means a country or territory outside Singapore;“new property” means a flat, house or other living accommodation sold subject to Part 4 of the Act;“non‑residential property” means any flat, house, building or land that is not a residential property, but does not include any commercial property mentioned in section 50(11) of the Act;“relevant period”, in relation to the purchase of a new property, means the period —

(a)

starting on the date 30 months before the date of the application to the Board to purchase the new property; and

(b)

ending on the date of completion of the purchase of the new property,both dates inclusive;“residential property” means —

(a)

any flat, house or building in Singapore that is used, or lawfully permitted to be used under the Planning Act 1988 or any other written law, as a dwelling house;

(b)

any land in Singapore that is zoned in the Master Plan for residential purposes or for mixed purposes, one of which is residential;

(c)

any flat, house, building or land in a foreign country that is used, or lawfully permitted to be used under the laws of that foreign country, as a dwelling house or wholly or mainly for residential purposes; or

(d)

any vacant land in Singapore or in a foreign country that is not zoned for any purpose.

Definition

“foreign country” means a country or territory outside Singapore;

Definition

“new property” means a flat, house or other living accommodation sold subject to Part 4 of the Act;

Definition

“non‑residential property” means any flat, house, building or land that is not a residential property, but does not include any commercial property mentioned in section 50(11) of the Act;

Definition

“relevant period”, in relation to the purchase of a new property, means the period —

(a)

starting on the date 30 months before the date of the application to the Board to purchase the new property; and

(b)

ending on the date of completion of the purchase of the new property,both dates inclusive;

Definition

“residential property” means —

(a)

any flat, house or building in Singapore that is used, or lawfully permitted to be used under the Planning Act 1988 or any other written law, as a dwelling house;

(b)

any land in Singapore that is zoned in the Master Plan for residential purposes or for mixed purposes, one of which is residential;

(c)

any flat, house, building or land in a foreign country that is used, or lawfully permitted to be used under the laws of that foreign country, as a dwelling house or wholly or mainly for residential purposes; or

(d)

any vacant land in Singapore or in a foreign country that is not zoned for any purpose.

Read in full context — Housing and Development (Exemptions from Section 50(1) of Act) Notification 2023 →