21. Transfer of estate or interest in residential property vested in foreign person

Terms defined in s 2

• approved purchaser

  approved purchaser

  Defined · s 2

  “approved purchaser” means —(a)a Singapore company;(b)a Singapore limited liability partnership;(c)a Singapore society;(d)a foreign person to whom approval has been granted under section 25, 30 or 31;(e)any person, company, limited liability partnership, society, association or other organisation or body who or which has been exempted by the Minister under section 32; or(f)any body, corporate or otherwise, declared by the Minister by notification in the Gazette to be a public authority or an instrumentality or agency of the Government;

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• citizen

  citizen

  Defined · s 2

  “citizen” or “citizen of Singapore” means any person who, under the provisions of the Constitution of the Republic of Singapore, has the status of a citizen of Singapore;

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• foreign person

  foreign person

  Defined · s 2

  “foreign person” means any person who is not any of the following:(a)a citizen of Singapore;(b)a Singapore company;(c)a Singapore limited liability partnership;(d)a Singapore society;

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• non‑restricted residential property

  non‑restricted residential property

  Defined · s 2

  “non‑restricted residential property” means any residential property described in section 4(1) but not in section 4(2);

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• residential property

  residential property

  Defined · s 2

  “residential property” includes —(a)any vacant land upon which no building or other structure exists or any land upon which exists any building or other structure which is constructed or used contrary to any written law;(b)any house, building or other premises or any part thereof which is permitted to be used pursuant to the Planning Act 1998 or any other written law as a dwelling house or which is lawfully so used;(c)any land zoned for residential purposes in the Master Plan; and(d)such other land or building, in whatever manner zoned in the Master Plan, as the Minister may, by notification in the Gazette, declare to be residential property for the purposes of this Act,but does not include —(e)any land, whether or not vacant, which is zoned for industrial or commercial purposes or both such purposes in the Master Plan or which is permitted to be used pursuant to the Planning Act 1998 or any other written law solely for industrial or commercial purposes or both such purposes;(f)any house, building or other premises, or any part thereof, which is permitted to be used pursuant to the Planning Act 1998 or any other written law solely for industrial or commercial purposes or both such purposes or which is lawfully so used;(g)any hotel registered under the provisions of the Hotels Act 1954; and(h)such other land or building, in whatever manner zoned in the Master Plan, as the Minister may, by notification in the Gazette, declare to be industrial, commercial or non‑residential property for the purposes of this Act;

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• transfer

  transfer

  Defined · s 2

  “transfer” includes a conveyance, sale, assignment, settlement, declaration of trust, assent, disposition of whatever nature, the vesting of any estate or interest in residential property by an instrument or under a vesting order of court and every instrument capable of vesting any estate or interest in residential property upon registration of such instrument by the Registrar, but does not include a mortgage, charge or reconveyance.

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