Estate Agents (Transaction Records) Regulations 2021

These Regulations are the Estate Agents (Transaction Records) Regulations 2021 and come into operation on 30 July 2021.

In these Regulations —“apartment” means any flat that is comprised in any building in a development permitted to be used under the Planning Act (Cap. 232) for residential purposes, and that is not a landed dwelling‑house, an HDB flat, a condominium or an executive condominium;“condominium” means any unit comprised in a development which is shown in a plan approved and issued by a competent authority appointed under the Planning Act bearing the title “condominium”;“executive condominium” means any unit in a development comprising housing accommodation sold under the executive condominium scheme established under the Executive Condominium Housing Scheme Act (Cap. 99A);“flat” means a horizontal stratum of any building or part of the stratum, whether the stratum is on one or more levels or is partially or wholly below the surface of the ground, which is used or intended to be used as a complete and separate unit for the purpose of habitation or business or for any other purpose;“general location”, in relation to any property, means the name of the general location designated for the property by the Urban Redevelopment Authority at the Internet website https://ura.gov.sg;“HDB flat” means a flat, house or other property sold under Part IV or IVB of the Housing and Development Act (Cap. 129), whether the flat, house or other property was acquired directly from the Housing and Development Board or otherwise;“HDB Town”, in relation to an HDB flat, means the town designated for the HDB flat by the Housing and Development Board on the Internet website https://hdb.gov.sg;“Housing and Development Board” means the Housing and Development Board established by the Housing and Development Act;“landed dwelling‑house” means a detached house, a semi‑detached house or a terrace house (including a linked house or a townhouse), that is not comprised within a strata title plan registered under the Land Titles (Strata) Act (Cap. 158);“licence number”, in relation to an estate agent, is the licence number assigned by the Council on granting an estate agent’s licence;“postal district number”, in relation to any property, means the postal district number designated for the property by the Urban Redevelopment Authority on the Internet website https://ura.gov.sg;“registration number” means the registration number assigned by the Council to the registered salesperson on the registration of the salesperson;“residential property transaction” means a property transaction relating to any property or part of any property used for residential purposes;“strata landed dwelling‑house” means a detached house, a semi‑detached house or a terrace house (including a linked house or a townhouse), that is comprised within a strata title plan registered under the Land Titles (Strata) Act;“strata title plan” has the meaning given by section 3(1) of the Land Titles (Strata) Act;“stratum” means any part of land consisting of a space of any shape below, on or above the surface of the land, or partly below and partly above the surface of the land, the dimensions of which are delineated;“Urban Redevelopment Authority” means the Urban Redevelopment Authority established by the Urban Redevelopment Authority Act (Cap. 340).

For the purposes of section 36(3)(aa) of the Act, the prescribed particulars of a property transaction completed by a client of a licensed estate agent are the following particulars in respect of a residential property transaction:

For the purposes of section 43A(1) of the Act, the prescribed particulars of a property transaction completed by a client of a licensed estate agent are the following particulars in respect of a residential property transaction: