Written Answer

Clearance Certificates Issued to Foreign Persons to Purchase Landed Properties Since 2013

Speakers

Transcript

7 Mr Leong Mun Wai asked the Minister for Law for each year since 2013, how many foreign persons have been issued clearance certificates to purchase terrace houses, semi-detached houses, detached houses or strata landed houses.

Mr K Shanmugam: A Clearance Certificate allows a Singapore entity to acquire and retain residential properties subject to the provisions of the Residential Property Act (RPA). To qualify for a Clearance Certificate, applicants must meet the strict definition of a Singapore entity under the RPA.

Clearance Certificates are not issued to foreign persons.