Clearance Certificates Issued to Foreign Persons to Purchase Landed Properties Since 2013
Parliament of Singapore · 3 August 2023
Official Report, 3 August 2023, Vol 95, Issue 110 · Open in the reader (summaries, search, filters)
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.
Source: Singapore Parliament Official Report (Hansard) for 3 August 2023. Republished on SGParliament.