Singapore legislation
Regulation 3
of Residential Property (KSH Holdings Limited — Exemption) Notification 2020
Regulation 3
Exemption from need for approval to change existing use
Section 28 of the Act does not apply to KSH Holdings Limited, in relation to land that —
(a)
is acquired, owned or purchased by KSH Holdings Limited on or after 20 October 2020; and
(b)
is intended for purposes of change of use to and development as residential property and with the ultimate purpose of sale or disposal by KSH Holdings Limited as residential property for profit.