Real Estate
Temporary Measures for Collective Sales under the COVID-19 (Temporary Measures) (Temporary Measures for Conduct of Collective Sale of Property) Order 2020
On 5 October 2020, the COVID-19 (Temporary Measures) (Temporary Measures for Conduct of Collective Sale of Property) Order 2020 ("Order") was published in the Government Gazette and came into operation on 6 October 2020. The Order temporarily modifies certain select provisions of the Land Titles (Strata) Act to alleviate the profound effects COVID-19 events may have on the collective sales of properties, allowing for applications for extensions of the usual timelines.
This Update highlights the key features of the Order.
Singapore | Real Estate | 08 October 2020Click here to see recent 5 articles.