Singapore legislation
Regulation 3
of Residential Property (Oxley Garnet Pte. Ltd. — Exemption) Notification 2020
Regulation 3
Exemption from need for approval to change existing use
Section 28 of the Act does not apply to Oxley Garnet Pte. Ltd., in relation to land that —
(a)
is acquired, owned or purchased by Oxley Garnet Pte. Ltd. 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 Oxley Garnet Pte. Ltd. as residential property for profit.