Chapter 1.2.
Real estate market players and government intervention

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Learning outcomes of this chapter:

  • Identify market players in the various property sectors, e.g. developers, investors and users.
  • Interpret the effect of government control and intervention in the real estate market, e.g. introduction of cooling measures.
  • Understand the role and functions of various relevant government agencies, e.g. BCA, JTC, HDB, IRAS, LTA, MAS, SLA, URA, etc. relating to property transactions

Related Multiple Choice Questions

What is the purpose of government policies and cooling measures in Singapore's real estate market?

Tom, a foreign investor, wants to purchase a Good Class Bungalow in Singapore. Which authority's approval is necessary for him to proceed?

Noah is planning to invest in Singapore's real estate market. Which government policy is aimed at curbing speculation and ensuring market stability?

Marcus is an investor looking to convert his semi-detached house into a bungalow in Singapore. What is a critical factor he must consider before proceeding with the conversion?

When a developer in Singapore plans to convert an old warehouse into a residential complex, they must first seek:

Which unit oversees the approval process for foreign ownership of restricted properties in Singapore?

Which of the following is NOT a cooling measure in Singapore's real estate market?

What licence must developers obtain before selling properties in Singapore?

Mia is studying the regulatory framework of Singapore's real estate market. Which of the following is a principle guiding the redevelopment and maintenance of heritage properties?

Marcus, a developer, wants to convert an old factory into a trendy eatery. Under which authority should he apply for Temporary Permissions (TP) to change the property use?

Sophia is a foreign investor looking to purchase a landed home in Singapore. What must she ensure to comply with?

Which Act allows the Singapore government to acquire land for public use, ensuring fair compensation for the landowners?

In the context of Singapore's real estate, which of the following is NOT a main party in an agency relationship?

A developer is interested in building a mixed-use development in Singapore. Which regulation allows for ancillary uses within certain limits, supporting this type of development?

Kevin, a foreign entrepreneur, is interested in investing in Singapore's real estate market. Which type of property can he invest in without facing ownership restrictions?