Singapore legislation
Regulation 3
of Residential Property (Oxley 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 Oxley Holdings Limited, in relation to land that —
(a)
is acquired, owned or purchased by Oxley 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 Oxley Holdings Limited as residential property for profit.