Singapore Government
Link to AGC Website
Home | Search | Browse | Results | My Preferences
 
Contents

Long Title

Part I PRELIMINARY

Part II SUBDIVISION AND SUBSIDIARY STRATA LAND-REGISTER

Part III RIGHTS AND OBLIGATIONS OF SUBSIDIARY PROPRIETOR

Part IV (Repealed)

Part V VARIATION OR TERMINATION OF STRATA SUBDIVISION SCHEME

Part VA COLLECTIVE SALE OF PROPERTY

Part VI (Repealed)

Part VII GENERAL

Part VIII ISSUE OF SUBSIDIARY CERTIFICATES OF TITLE FOR FLATS UNDER OTHER SCHEMES AND ISSUE OF SUBSIDIARY STRATA CERTIFICATES OF TITLE

Part IX MISCELLANEOUS

FIRST SCHEDULE Requirements under Section 84A, 84D, 84E or 84FA

SECOND SCHEDULE General Meetings for Purposes of Collective Sale

THIRD SCHEDULE Composition, Constitution and Proceedings of Collective Sale Committee

FOURTH SCHEDULE Deductions Allowable by Board

Legislative History

Comparative Table

 
Slider
Left Corner
Print   Link to In-Force Version
On 23/07/2014, you requested the version as published on or before 23/07/2014.
Slider
Application for collective sale of parcel by majority of subsidiary proprietors who have made conditional sale and purchase agreement
84A.
—(1)  An application to a Board for an order for the sale of all the lots and common property in a strata title plan may be made by —
(a)
the subsidiary proprietors of the lots with not less than 90% of the share values and not less than 90% of the total area of all the lots (excluding the area of any accessory lot) as shown in the subsidiary strata certificates of title where less than 10 years have passed since the date of the issue of the latest Temporary Occupation Permit on completion of any building (not being any common property) comprised in the strata title plan or, if no Temporary Occupation Permit was issued, the date of the issue of the latest Certificate of Statutory Completion for any building (not being any common property) comprised in the strata title plan, whichever is the later; or
(b)
the subsidiary proprietors of the lots with not less than 80% of the share values and not less than 80% of the total area of all the lots (excluding the area of any accessory lot) as shown in the subsidiary strata certificates of title where 10 years or more have passed since the date of the issue of the latest Temporary Occupation Permit on completion of any building (not being any common property) comprised in the strata title plan or, if no Temporary Occupation Permit was issued, the date of the issue of the latest Certificate of Statutory Completion for any building (not being any common property) comprised in the strata title plan, whichever is the later,
who have agreed in writing to sell all the lots and common property in the strata title plan to a purchaser under a sale and purchase agreement which specifies the proposed method of distributing the sale proceeds to all the subsidiary proprietors (whether in cash or kind or both), subject to an order being made under subsection (6) or (7).
[21/99; 46/2007]
(1A)  For the purposes of a collective sale under this section and before the signing of the collective sale agreement by any subsidiary proprietor —
(a)
there shall be constituted a collective sale committee to act jointly on behalf of the subsidiary proprietors of the lots whose members shall be elected by the subsidiary proprietors of the lots at a general meeting of the management corporation convened in accordance with the Second Schedule; and
(b)
the Third Schedule shall have effect as respects the collective sale committee, its composition, constitution, members and proceedings.
[46/2007]
(2)  The subsidiary proprietors referred to in subsection (1) shall appoint not more than 3 persons from the collective sale committee referred to in subsection (1A) to act jointly as their authorised representatives in connection with any application made under subsection (1).
[21/99; 46/2007]
(3)  Subject to subsection (7C), no application may be made under subsection (1) by the subsidiary proprietors referred to in subsection (1) unless they have complied with the requirements specified in the First, Second and Third Schedules and have provided an undertaking to pay the costs of the Board under subsection (5).
[46/2007]
(4)  A subsidiary proprietor of any lot in the strata title plan who has not agreed in writing to the sale referred to in subsection (1) and any mortgagee, chargee or other person (other than a lessee) with an estate or interest in land and whose interest is notified on the land-register for that lot may each file an objection with a Board stating the grounds for the objection within 21 days of the date of the notice served pursuant to the First Schedule or such further period as the Board may allow.
[21/99; 47/2004; 46/2007]
(4A)  Where a section 84A stop order is issued under subsection (6A)(b) in respect of an application to a Board under subsection (1) for an order for the sale of all the lots and common property in a strata title plan, and an application is then made to the High Court under subsection (1) for an order for the same sale of all the lots and common property in the same strata title plan, any person referred to in subsection (4)(a) or (b) who filed an objection to the Board (but no others) may re-file his objection to the sale, stating the same grounds of objection, to the High Court in the manner and within the time delimited by the Rules of Court.
(5)  The Board shall have power —
(a)
to mediate in any matter arising from an application made under subsection (1);
(b)
to call for a valuation report or other report and to require the subsidiary proprietors referred to in subsection (1) to pay for the costs; and
(c)
to impose such conditions as it may think fair and reasonable in approving an application under subsection (1).
[21/99; 46/2007]
(6)  Where an application has been made under subsection (1) and no objection has been filed under subsection (4), the Board shall, subject to subsection (9), approve the application and order that the lots and common property in the strata title plan be sold.
[21/99]
(7)  Where one or more objections have been filed under subsection (4), the Board shall, subject to subsection (9), after mediation, if any, approve the application made under subsection (1) and order that the lots and common property in the strata title plan be sold unless, having regard to the objections, the Board is satisfied that —
(a)
any objector, being a subsidiary proprietor, will incur a financial loss; or
(b)
the proceeds of sale for any lot to be received by any objector, being a subsidiary proprietor, mortgagee or chargee, are insufficient to redeem any mortgage or charge in respect of the lot.
[21/99]
(7A)  An order made under subsection (7) by the Board may, with the consent of the collective sale committee, include an order that the proceeds of sale for any lot to be received by an objector, being a subsidiary proprietor who has filed an objection under subsection (4), be increased if the Board is satisfied that it would be just and equitable to do so.
[46/2007]
(7B)  The total sum ordered by the Board for all the objectors under subsection (7A) shall be paid from the proceeds of sale of all the subsidiary proprietors and shall not exceed the aggregate sum of 0.25% of the proceeds of sale for each lot or $2,000 for each lot, whichever is the higher.
[46/2007]
(7C)  A Board shall not invalidate an application to the Board for an order under subsection (1) or section 84D(2), 84E(3) or 84FA(2) by reason only of non-compliance with any requirement in the First, Second or Third Schedule if the Board is satisfied that such non-compliance does not prejudice the interest of any person, and the Board may make such order as may be necessary to rectify the non-compliance and such order for costs.
[46/2007; 30/2008]
(8)  For the purposes of subsection (7)(a), a subsidiary proprietor —
(a)
shall be taken to have incurred a financial loss if the proceeds of sale for his lot, after such deduction as the Board may allow (including all or any of the deductions specified in the Fourth Schedule), are less than the price he paid for his lot;
(b)
shall not be taken to have incurred a financial loss by reason only that his net gain from the sale of his lot will be less than the other subsidiary proprietors; and
(c)
shall not be taken to have incurred a financial loss by reason that the proceeds of sale for his lot, after such deduction as the Board may allow (including all or any of the deductions specified in the Fourth Schedule), are less than the price he paid for his lot if he had purchased the lot after a collective sale committee had signed a sale and purchase agreement to sell all the lots and common property to a purchaser.
[21/99; 46/2007]
(9)  The Board shall not approve an application made under subsection (1) —
(a)
if the Board is satisfied that —
(i)
the transaction is not in good faith after taking into account only the following factors:
(A)
the sale price for the lots and the common property in the strata title plan;
(B)
the method of distributing the proceeds of sale; and
(C)
the relationship of the purchaser to any of the subsidiary proprietors; or
(ii)
the sale and purchase agreement would require any subsidiary proprietor who has not agreed in writing to the sale to be a party to any arrangement for the development of the lots and the common property in the strata title plan; or
(b)
if the collective sale committee does not consent to any order made by the Board under subsection (7A).
[46/2007]
(10)  Where no objection has been filed under subsection (4), the determination under subsection (9) shall be made by the Board on the basis of the facts available to the Board.
[21/99]
(11)  The Board may make all such other orders and give such directions as may be necessary or expedient to give effect to any order made under subsection (6) or (7).
[21/99]
(12)  The Board may, at any time it thinks fit, extend, vary, revoke or discharge any order made under this section, and may vary any term or condition upon or subject to which any such order has been made.
[21/99]
(13)  A notice sent by registered post under the First Schedule shall be deemed to be duly served on the person to whom it is addressed 2 days after the day on which the notice was posted, notwithstanding the fact that the letter may be returned by the post office as undelivered.
[21/99; 47/2004; 46/2007]
(14)  The Minister may, by order published in the Gazette, amend or add to the First, Second, Third and Fourth Schedules.
[21/99; 47/2004; 46/2007]
(15)  In this section, “subsidiary proprietor” includes a successor in title.
[21/99]