Singapore legislation
Regulation 3
of Housing and Development (Design-Build-and-Sell Scheme — Form of Contract) Rules
Regulation 3
Option to purchase
Subregulation 1
An approved developer shall give to an intending purchaser of a DBSS flat an option to purchase in Form A in the Schedule, or in Form A as amended under rule 5.
Subregulation 2
The option referred to in paragraph (1) shall not be assignable or transferable.
Subregulation 3
Where an approved developer has granted to a person an option to purchase a DBSS flat, he shall not grant to any other person an option to purchase the DBSS flat until after the first-mentioned option has lapsed.