Revised Edition Of The Housing Developers Rules

Rule 2

Definition of “Commissioner of Buildings”

“Commissioner of Buildings” means the Commissioner of Buildings appointed under the Building Maintenance and Strata Management Act 2004 (Act 47 of 2004);

Definition of “limited common property”

“limited common property” has the same meaning as in the Building Maintenance and Strata Management Act 2004;

Rule 2

Definition of “Commissioner of Buildings”

“Commissioner of Buildings” means the Commissioner of Buildings appointed under the Building Maintenance and Strata Management Act (Cap. 30C);

Definition of “limited common property”

“limited common property” has the same meaning as in the Building Maintenance and Strata Management Act;

Rule 5

Every licensed housing developer shall obtain the written permission of the Advisory Committee on Street Names before using any name for any site used for a housing project.

Rule 5

Every licensed housing developer shall obtain the written permission of the Street and Building Names Board before using any name for any site used for a housing project.

Rule 16(3)

The housing developer shall forthwith deliver to an assignee for the assignee’s signature the new agreement containing any amendment or alteration to or deletion of the terms and conditions in the original agreement only after the Controller has approved the amendment, alteration or deletion.

Rule 16(3)

The housing developer shall immediately deliver to an assignee for the assignee’s signature the new agreement containing any amendment or alteration to or deletion of the terms and conditions in the original agreement only after the Controller has approved the amendment, alteration or deletion.

Clause 3

This option will expire 3 weeks after the date of the delivery to You or, if You have already appointed a solicitor, to your solicitors of the documents referred to in clause 2.

Clause 3

This option will expire 3 weeks after the date of the delivery of the documents referred to in clause 2 to You or, if You have already appointed a solicitor, to your solicitor.

An Agreement made between ____________________________ of ______________________ Housing Developer's Licence No. _____ (the Vendor) and ____________________ of _____________________ (the Purchaser) on ____________19____.

An Agreement made between ____________________________ of ______________________ Housing Developer's Licence No. _____ (the Vendor) and ____________________ of _____________________ (the Purchaser) on ____________.

(Note: The word “19” is deleted”.)

Clause 1.1.1

Definition of “Base Rate”

"Base Rate" means the average of the prevailing prime lending rates of the Development Bank of Singapore, the Overseas Chinese Banking Corporation, the Overseas Union Bank and the United Overseas Bank, rounded downwards to the nearest one-eighth of 1%;

Definition of “Commissioner of Buildings”

“Commissioner of Buildings” means the Commissioner of Buildings appointed under the Building Maintenance and Strata Management Act 2004 (Act 47 of 2004);

Definition of “limited common property”

“limited common property” has the same meaning as in the Building Maintenance and Strata Management Act 2004;

Clause 1.1.1

Definition of “Base Rate”

"Base Rate" means the average of the prevailing prime lending rates of DBS Bank Ltd, Oversea-Chinese Banking Corporation Ltd and United Overseas Bank Ltd, rounded downwards to the nearest one-eighth of 1%;

Definition of “Commissioner of Buildings”

“Commissioner of Buildings” means the Commissioner of Buildings appointed under the Building Maintenance and Strata Management Act (Cap. 30C);

Definition of “limited common property”

“limited common property” has the same meaning as in the Building Maintenance and Strata Management Act;

(Note: The reference to “2004” is deleted.)

Clause 5.5

If the Purchaser desires to make deductions from the 5% of the Purchase Price held by the stakeholder under this Agreement, he may serve on the stakeholder and Vendor a notice of deductions from the Purchase Price.

Clause 5.5

If the Purchaser desires to make deductions from the 5% of the Purchase Price held by the stakeholder under this Agreement, the Purchaser may serve on the stakeholder and Vendor a notice of deductions from the Purchase Price.

Clause 5.8

The notice referred to in clause 5.7 must be served on the stakeholder at least one working day before the due date for payment under clause 5.3(a) or the Final Payment Date as the case may be.

Clause 5.8

The notice referred to in clause 5.7 must be served on the stakeholder at least one working day before the due date for payment under clause 5.3(a) or the Final Payment Date, as the case may be.

(Note: A comma is inserted after the word “Date”.)

Clause 13.2

The amount of the maintenance charge shall be as approved by the Commissioner of Buildings.

Clause 13.2

The amount of the maintenance charges shall be as approved by the Commissioner of Buildings.

Clause 13.5

The Purchaser need not pay the maintenance charge and any goods and services tax relating to it once the management corporation of the Housing Project takes over from the Vendor the function of maintaining the Housing Project and the provision of cleaning and other services.

Clause 13.5

The Purchaser need not pay the maintenance charges and any goods and services tax relating to it once the management corporation of the Housing Project takes over from the Vendor the function of maintaining the Housing Project and the provision of cleaning and other services.

Clause 13.6

If any part of the maintenance charge or goods and services tax is not paid at the end of 14 days after it is due, the Purchaser must then pay interest calculated on a daily basis at 2% above the Base Rate on such unpaid amount until such time as it is paid.

Clause 13.6

If any part of the maintenance charges or goods and services tax is not paid at the end of 14 days after it is due, the Purchaser must then pay interest calculated on a daily basis at 2% above the Base Rate on such unpaid amount until such time as it is paid.

Clause 16.7

Any liquidated damages payable to the Purchaser under clause 16.5 may be deducted from any instalment due to the Vendor.

Clause 16.7

Any liquidated damages payable to the Purchaser under clause 16.5 may be deducted from any instalment of the Purchase Price due to the Vendor.

Clause 17.1

The Vendor must make good at his own cost and expense any defect in the Unit, the Housing Project or the common property which becomes apparent within the defects liability period, namely the period of 12 months from the date the Purchaser receives the Notice of Vacant Possession in respect of the Unit.

Clause 17.1

The Vendor must make good at his own cost and expense any defect in the Unit, the Housing Project or the common property which becomes apparent within the defects liability period, namely, the period of 12 months from the date the Purchaser receives the Notice of Vacant Possession in respect of the Unit.

(Note: A comma is inserted after the word “namely”.)