Singapore legislation

Regulation 2

of Residential Property (Dynamic Project Management Services Pte. Ltd. — Exemption) Notification 2022

Regulation 2

Exemption from need for approval to become converted entity

Section 9 of the Act does not apply to Dynamic Project Management Services Pte. Ltd. (called in this Notification the relevant company), in relation to any residential property that —

(a)

is not non-restricted residential property;

(b)

is vested in the relevant company immediately before its conversion into a converted entity before, on or after 3 March 2022; and

(c)

is intended for the purpose of development as residential property and with the ultimate purpose of sale or disposal by the relevant company as residential property for profit, after its conversion into a converted entity.

Read in full context — Residential Property (Dynamic Project Management Services Pte. Ltd. — Exemption) Notification 2022 →