Singapore legislation

Regulation 5

of Residential Property (USB Holdings Pte. Ltd. — Exemption) Notification 2024

Regulation 5

Exemption from need for housing developer’s approval

Subregulation 1

Subject to sub‑paragraph (2), section 31 of the Act does not apply to the relevant company.

Subregulation 2

Despite sub‑paragraph (1), section 31(1) and (4) of the Act continues to apply to the relevant company in relation to the retention of a dwelling house that is a landed dwelling house.

Subregulation 3

In this paragraph, “landed dwelling house” means a detached house, a semi‑detached house or a terrace house (including a linked house or a townhouse), whether or not comprised within a strata title plan registered under the Land Titles (Strata) Act 1967.

Regulation 5 — Residential Property (USB Holdings Pte. Ltd. — Exemption) Notification 2024