Singapore legislation
Regulation 5
of Housing and Development (Exemptions from Section 50(1) of Act) Notification 2023
Regulation 5
Exemptions relating to housing options for elderly persons
Subregulation 1
A person is exempted from section 50(1)(a) of the Act, in relation to his or her purchase of a new property, if all of the following conditions are satisfied:
the new property is —
a Short Lease 2‑room Flexi flat; or
a Community Care Apartment;
the person and his or her spouse (if any), have both attained —
in the case of a Short Lease 2‑room Flexi flat — 55 years of age; or
in the case of a Community Care Apartment — 65 years of age;
the person, his or her spouse or any authorised occupier owns or has an estate or interest in no more than one non‑residential property;
if the person, his or her spouse or any authorised occupier owns or has an estate or interest in any residential property —
the owner of that residential property undertakes to sell or divest himself or herself of any interest in that residential property within 6 months after the date of taking possession of the new property; and
the owner of that residential property sells or divests himself or herself of the interest in that residential property within 6 months after the date of taking possession of the new property.
Subregulation 2
A person is exempted from section 50(1)(b) of the Act, in relation to his or her purchase of a new property, if —
the new property is —
a Short Lease 2‑room Flexi flat; or
a Community Care Apartment; and
the person and his or her spouse (if any) have both attained —
in the case of a Short Lease 2‑room Flexi flat — 55 years of age; or
in the case of a Community Care Apartment — 65 years of age.
Subregulation 3
In this paragraph —
Definition
“Community Care Apartment” means a category of flats sold subject to Part 4 of the Act that has one bedroom, a lease period of between 15 and 35 years and integrates housing and care services;
Definition
“Short Lease 2‑room Flexi flat” means a category of flats sold subject to Part 4 of the Act that has one bedroom, a lease period of between 15 and 45 years and is designated by the Board for sale to a person who has attained 55 years of age.