SUBMISSION OF INFORMATION ON SALE OF HOUSING UNITS AND DECLARATION FOR SHOW UNITS TO QUALIFY FOR EXEMPTION

Transcription

1 Fax: May 2015 Licensed Housing Developers SUBMISSION OF INFORMATION ON SALE OF HOUSING UNITS AND DECLARATION FOR SHOW UNITS TO QUALIFY FOR EXEMPTION 1. In our letter on 18 May 2015, we have informed you that the Housing Developers (Control & Licensing) (Amendment) Act (Amendment Act) and the transitional provisions under the Housing Developers (Show Unit) Rules (HD(SU)R) will come into effect today. 2. Under the Amendment Act, licensed housing developers are required to provide information on their building projects and sale of units to the Controller of Housing (referred to as Controller ) in the form and manner and by such means and within such time or at such regular intervals as the Controller may specify. The Developer Survey System (DSS) is officially launched today, 25 May From today onwards, the weekly submission of data to the Controller will be compulsory as required under Section 11 of the Act. Please refer to Appendix 1 for details of the submission requirements as well as actions to be taken. 3. Licensed housing developers who have erected, set up and made available their show units for viewing by any purchaser or prospective purchaser before 20 Jul 2015 may be exempted from the show unit requirements under the HD(SU)R provided that the stipulated conditions are met. The conditions include developers lodging a declaration with the Controller. The declaration to be submitted to the Controller shall be in the form as set out in Appendix 2 and must be lodged with the Controller between 25 May and 23 July We have also prepared a set of FAQs, in Appendix 3, for your reference. 4. If you need any clarifications, please contact the following: For matters relating to DSS ura_pricedata@ura.gov.sg DSS Hotline: / /

2 For matters relating to HD(SU)R COH Hotline: / Thank you. Yours faithfully LING HUI LIN (MS) CONTROLLER OF HOUSING URBAN REDEVELOPMENT AUTHORITY (This letter is computer-generated. No signature is required)

3 APPENDIX 1 OFFICIAL LAUNCH OF THE DEVELOPER SURVEY SYSTEM (DSS) 1. The Developer Survey System (DSS) is officially launched today. We had earlier soft launched the DSS on 18 Oct 2013, and requested all licensed housing developers to submit information on their building projects to the Controller of Housing (referred to as Controller ) on a weekly basis. We thank you for your participation in the soft launch. 2. From today onwards, the weekly submission of data to the Controller will be compulsory as required under Section 11 of the Housing Developers (Control & Licensing) Act ( the Act ). The key dates relating to the submission of information for the official launch of the DSS are set out in Annex 1. Actions required 3. We would require you to do the following: a b Provide the list of authorised officers: Please send us the list of officers authorised by your company to submit data in the DSS using the template in Annex 2 via at ura_pricedata@ura.gov.sg by 29 May 2015, Friday, 5.00pm. This applies even if you had earlier provided us with the list of officers during the soft launch. Resubmit summary data for projects: If you had earlier submitted data for your respective projects, you will be required to resubmit the summary data, correct as at 31 May 2015, to the Controller. You are required to resubmit the data via DSS by 5 Jun 2015, Friday, 10.00am. Refer to Annex 3 for the procedures. 4. With the official launch of the DSS, the first compulsory submission of information via the DSS will be for units launched for sale, units sold, and units whose sale have been aborted during the period from 25 May to 31 May The deadline for this first compulsory submission will be on 5 Jun 2015, Friday, am. Refer to Annex 4 for the details of the information that must be submitted to the Controller. Other key information 5. We would also like to inform you of the following: a Data must be accurate and timely: Licensed housing developers are required to ensure that all information submitted to the Controller via the DSS as required under Section 11 of the Act is correct and accurate, and submitted within the specified timelines. The Controller may take action against the developer, e.g. suspension or revocation of licence issued, for failure to comply with the requirements.

4 b c Information on individual units sold will be published: Information on individual units sold by developers (e.g. addresses, purchase prices, and net prices) will be released by the Controller to the public every Friday afternoon on URA s website. The first weekly release of such data on URA s website will be in the afternoon of 5 Jun 2015, Friday, for units sold during the period from 25 May to 31 May Aggregated monthly statistics will continue to be published: Aggregated monthly statistics on the units launched for sale, units sold, and their prices will continue to be released on the URA s website on the 15 th of each month, or the next working day if the 15 th falls on a Saturday, Sunday, or public holiday. 6. For clarifications, please us via ura_pricedata@ura.gov.sg or contact Chue Bik Yuen (DID: ), Delson Chong (DID: ) or Cheryl Ong (DID: ).

5 Annex 1 Key dates for official launch of the Developer Survey System (DSS) Date Key Event 25 May 2015 Housing Developers (Control and Licensing) (Amendment) Act 2013 comes into force Official launch of the DSS (for data on units launched for sale, units sold, and units whose sale have been aborted from 25 May to 31 May 2015) 25 May - 29 May 2015, 5.00 pm Developers to provide the list of officer(s) authorised to submit data in the DSS 1 Jun - 5 Jun 2015, am Developers to resubmit the summary data for the respective project, correct as at 31 May 2015 Developers to submit information on units sold or aborted from 25 May to 31 May Jun 2015 (afternoon) URA publishes first weekly release of information on individual units sold online 8 Jun - 12 Jun 2015, am (and subsequent weeks) 12 Jun 2015 (afternoon) (and subsequent Fridays) Developers to submit information on units sold or aborted in the preceding week Weekly release of information on individual units sold online 15 Jun 2015, 12.30pm URA releases aggregated monthly statistics for May 2015 online 15 th day of subsequent months URA releases aggregated monthly statistics for preceding month online

6 Annex 2 VERIFICATION/CONFIRMATION OF AUTHORISED OFFICERS To: Controller of Housing List of officer(s) authorised to submit data in the DSS The officer(s) listed in the table below is/are authorised to submit, on behalf of the licensed housing developer named below, information in the DSS to the Controller as required under Section 11 of the Housing Developers (Control & Licensing) Act ( the Act ) for the project(s) specified. Housing Developer s Licence No. Name of project Name of Authorised Officer Address Telephone No. Name of licensed housing developer : Particulars of person holding a responsible position as defined in section 2 of the Act who is acting on behalf of the licensed housing developer in submitting the above information: Name : Mr/Ms This person should be a director, manager or secretary of the company. Manager refers to a principal executive officer of the company and secretary refers to the company secretary. Designation : Address : Telephone No. : Note: Please notify the Controller immediately when there are any changes to the above list of officer(s) e.g. officer(s) has left the organisation. Notice of changes can be made via to ura_pricedata@ura.gov.sg

7 Annex 3 Steps to resubmit summary data for projects 1. Authorised officers to log in to their DSS accounts to check the summary data displayed for each project. 2. If the summary data for the project is accurate and correct as at 31 May 2015, please resubmit the data by clicking the button provided in the system (example as shown below). The summary data for the project, as at 31 May 2015, shown in DSS is accurate. The summary data is hereby resubmitted as required by the Controller under Section 11 of the Housing Developers (Control & Licensing) Act. 3. If the summary data for the project is inaccurate, please make the necessary amendments to the project in the system to ensure that the summary data is correct and click on the button mentioned above to resubmit the data.

8 Annex 4 Requirements for weekly submission of data by licensed housing developers Information to be submitted by licensed housing developers 1. The information, which must be submitted to the Controller on a weekly basis via the format specified in the Developer Survey System (DSS), 1 includes: Number of units that have been launched for sale (i.e. made available for sale and for which an Option to Purchase may be issued to a prospective purchaser); Date of launch of sale of units (see below for definition of launched for sale ); Number of units that have been sold (including units which have been resold after the earlier sale of the units had been aborted); Number of units whose sale have been aborted; Details of units that have been sold and units whose sale have been aborted, including unit address and such other particulars as may be specified in the DSS user guide 2 ; Description of benefits (see below); Purchase and net prices (after deducting amount or value of any benefit or benefits given or agreed to be given) of units sold. For the purpose of the submission, the date of launch of sale of units refers to the day on which units in a building project are first made available for sale, whether in a private preview to selected individuals or public launch, and for which an Option to Purchase may be issued to a prospective purchaser. The definition and examples of benefits given or agreed to be given to purchasers are provided below for your reference: Benefits refer to any rebate, reimbursement, allowance, discount, payment, voucher or other benefit (whether monetary or otherwise) that the licensed housing developer agrees to directly or indirectly give to a purchaser or an intending purchaser in relation to or conditional upon the sale and purchase of a unit in the building project. The value of such benefits is more than $1,000 and not deducted upfront from the purchase price. Examples of benefits include cash rebates, absorption of legal fees or stamp fees, furniture vouchers and rental guarantees 3 that may be given or agreed to be given to a purchaser upon the exercise of an Option to Purchase, or at a specified time after the exercise of the Option or upon the issue of Temporary Occupation Permit (TOP) for the unit. 1 Please note that data must be submitted in the format specified in the DSS User guide using the standard Excel template provided in the DSS. Other formats will not be accepted by the system. 2 The DSS user guide is available at: 3 For example, rental guarantee may be in the form of monetary payment which a developer has committed to pay to a buyer once a building project has been completed (i.e. obtained TOP).

9 If there are non-monetary benefits (e.g. discounts for the purchase of cars, country club membership or household appliances such as coffee maker, refrigerator and microwave oven) given or agreed to be given to a purchaser and the total monetary value of such items is estimated to be more than $1,000, the licensed housing developer shall also be required to submit information on the monetary value of such benefits, which will then be deducted against the purchase price to derive the net price of the unit. 2. If no unit is launched for sale or sold 4 or if there is no unit whose sale is aborted in a certain week, then the licensed housing developer will not be required to submit any information for that project for that week. Timeline for submission of information 3. Licensed housing developers are required to submit the information within 5 calendar days from the end of each preceding week (i.e. every Friday 5, am). Information submitted after the deadline will be considered late and the Controller may take action against the developer, e.g. suspension or revocation of licence issued. For the purpose of the submission, a week shall be defined as a 7-day period from Monday to Sunday (both days inclusive). 4. For example, licensed housing developers will be required to submit information of units sold in the week of 8 Jun 2015 (Mon) to 14 Jun 2015 (Sun) by am on 19 Jun 2015 (Fri). Please note that the DSS will allow submissions starting from 15 Jun 2015 (Mon) at am and will close at am, 19 Jun 2015 (Fri). Information submitted after am on 19 Jun 2015 will be considered late. As developers will still be able to make amendments to the data submitted before the submission deadline, developers are encouraged to start submitting their sales information on Monday once the submission period opens. An example of the timeline for submission is illustrated below: 8 Jun (Mon) 14 Jun (Sun) 15 Jun (Mon) 19 Jun (Fri) Units launched for sale Submission period or sold or whose sale is (15 Jun to 19 Jun) aborted in this week (8 Jun to 14 Jun) Deadline for submission: Fri, 19 Jun, am 4 Details such as the definitions of the launch and sale of residential units are provided in Sections 5 and 6 of the DSS User Guide at: 5 If Friday is a gazetted public holiday, the deadline will be on the next working day i.e. Monday of the following week, am.

10 APPENDIX 2 DECLARATION [Rules 14 and 15 of Housing Developers (Show Unit) Rules 2015] To: Controller of Housing Licence Number Name of Licensed Housing Developer Name of Building Project # I/We, [name of licensed housing developer], the licensed housing developer for the building project, hereby makes the following declaration(s): The show # unit/units depicting the # unit/units in the building project ( depicted # unit/units) as described in Annex A attached hereto # has/have been erected, set up and made available for viewing by purchaser(s) or prospective purchaser(s) of unit(s) in the building project on the date stated in Annex A and # has/have since continued to be made available for viewing by purchaser(s) or prospective purchaser(s) up to and after 20 Jul The plan and/or model of the building project and/or model of a unit in the building project as stated in Annex B has/have been displayed to purchaser(s) or prospective purchaser(s) of unit(s) in the building project on the date stated in Annex II and # has/have since continued to be displayed to purchaser(s) or prospective purchaser(s) up to and after 20 Jul Please tick box where applicable Show unit # I/We confirm that there is no difference between the show # unit/units and the approved building plan(s) for the depicted # unit/units as described in Annex A. There are differences between the show # unit/units and the approved building plan(s) for the depicted # unit/units as described in Annex A and I/We hereby lodge with the Controller copy/copies of the detailed list and description (that # is/are displayed at the entrance of the show # unit/units) of the differences. [For reference, a sample list is attached as Annex C.]

11 Map, plan and model I/We confirm that the plan and/or model of the building project and/or model of a unit in the building project as stated in Annex B is/are in compliance with the applicable requirements under Part 3 the Housing Developers (Show Unit) Rules; The plan and/or model of the building project and/or model of a unit in the building project as stated in Annex B is/are not in compliance with all the applicable requirements under Part 3 of the Housing Developers (Show Unit) Rules and # I/We hereby lodge with the Controller copy/copies of the written notice (that is/are displayed next to the plan and/or model) describing the requirement(s) not complied. [For reference, a sample list is attached as Annex D.] Dated this day of Signed by * ) # for and on behalf of the ) licensed housing developer ) Name of signatory: Designation of signatory: Contact number: # Delete if or whichever is inapplicable * Declaration must be signed by a person holding a responsible position (as defined in Section 2 of the Housing Developers (Control and Licensing) Act (Cap.130)) in the licensed housing developer. E.g. if the licensed housing developer is a company, a person holding a responsible position means a director, manager or secretary of the company. Manager here refers to the principal executive of the company and secretary means the company secretary.

12 Annex A Particulars of Show Unit(s) Location of show unit(s): (Please tick whichever is applicable.) 1 Date on which the show unit(s) is/are opened for viewing Particulars of Depicted Unit(s) Address and unit type and area of all depicted unit(s) Block E.g Within the site of building project Not within the site of building project. Location: Unit number Type Area 2 (sqm) #01-03 A2 80 sqm #02-05 B1 115 sqm 26 #03-06 C3 140 sqm Plans of Show Unit(s) and Depicted Unit(s) Attached are: 1 Copy of approved building plan (BP) of all the depicted unit(s), with the respective BP approval number(s) and date(s) and approved ceiling height(s) stated. 2 Copy of the floor plan(s) of all the show unit(s), which shall be drawn to scale and contain the following information: a differences 3 (if any) between the show unit and the depicted unit as shown in the approved BP are to be clearly marked and explained b dimensions of rooms and spaces have to be clearly indicated c estimated areas for the individual rooms, spaces and features constituting the total strata area or the built-up/built-in area of the unit and the ceiling height(s). Notes: 1 Refers to the date from which the show unit(s) is/are opened to purchaser(s) or prospective purchaser(s) for viewing, whether in a private preview or public launch of the sale of units in the building project. 2 For non-strata-titled properties, please provide the land area as well as the floor area. For strata titled properties, please provide the strata area. 3 Any differences between the show unit and depicted unit as shown in the approved building plan(s), which are permitted under the Housing Developers (Show Unit) Rules are to be clearly marked and explained. For example, if part of an external wall is not built to provide access to the show unit, the unbuilt portion of the wall must be marked and suitably labeled on the floor plan.

13 Annex B Particulars of map, plan and model Date(s) on which the location plan, site plan and/or model of the building project and/or model of a unit in the building project is/are displayed to purchaser(s) or prospective purchaser(s): The following is/are displayed (tick whichever is applicable): Location plan of the building project Site plan of the building project. A copy of the approved building plan (BP), with the BP approval number(s) and date(s) stated and showing the layout of the building project and communal facilities, is attached. Model of the building project Model of a unit in the building project. A copy of the approved BP of the depicted unit, with the approved BP number(s) and date(s) stated, is attached. Address of depicted unit Block Unit number Type Area 2 (sqm)

14 Annex C SAMPLE FOR REFERENCE LIST AND DESCRIPTION OF THE DIFFERENCES BETWEEN SHOW UNIT AND APPROVED BUILDING PLAN(S) OF DEPICTED UNIT Address of depicted unit: The following is a list and description of differences between the show unit and approved building plan(s) of the above depicted unit: E.g. Depicted unit 1. There is a non-structural wall between the Master Bedroom and Living Room 2. There is an air-conditioner ledge of 4 sqm next to the living room. Show unit The non-structural wall between the Master Bedroom and Living Room is not erected. The air-conditioner ledge of 4 sqm next to the living room is not built.

15 Annex D SAMPLE FOR REFERENCE NOTICE OF NON-COMPLIANCE OF PLAN OR MODEL DISPLAYED WITH REQUIREMENTS UNDER PART 3 OF THE HOUSING DEVELOPERS (SHOW UNIT) RULES (Please specify the particular plan or model and describe the non-compliance clearly.) E.g. Location Plan of Building Project The location plan of the building project does not show: a the scale used; and b the names of streets, prominent buildings, facilities and other features in the vicinity within a radius of 500 metres of the building project. Specifically, public housing flats and names of streets which are within the 500 metres radius are not shown or marked. Site Plan of Building Project The site plan of the building project does not show and include all buildings in the building project. Specifically, there are a total of 5 blocks in the project but one of the blocks, (state the block number), is not shown in the model.

16 APPENDIX 3 FREQUENTLY ASKED QUESTIONS DECLARATION FOR SHOW UNIT (TRANSITIONAL PROVISIONS) Q1 Is the licensed housing developer required to submit the original copy of the declaration and detailed list of the differences between the show unit and the depicted unit as in the approved building plan to the Controller? Can he submit the soft copy of the requisite documents via instead? Licensed housing developers may send either the hard or soft copy of the declaration form together with the requisite documents to the Controller at the following address: Controller of Housing Urban Redevelopment Authority 10 th storey 45 Maxwell Road The URA Centre Singapore address ura_coh_registry@ura.gov.sg. Q2 After a licensed housing developer has sent the declaration and detailed list of the differences between the show unit and the depicted unit as in the approved building plan to the Controller, will the Controller inform the licensed housing developer in writing that the show unit requirements in Part 2 of the HD(SU)R will not apply to the show unit? Besides submitting the requisite documents to the Controller as set out in rules 14(1)(c) and 14(1)(f), the licensed housing developer still has to fulfill other conditions as stated in rule 14 of the HD(SU)R to qualify the show unit for the exemption, e.g. issue a copy of the detailed list of differences to an intending purchaser and obtain the written acknowledgement of receipt from the intending purchaser before accepting the booking fee. Hence, the Controller would not be able to confirm that the show unit requirements will not apply to the show unit. The licensed housing developer must ensure that he complies fully with the requirements as set out in rule 14 of the HD(SU)R to ensure that the show unit qualifies for the exemption.

17 Q3 What if a licensed housing developer inadvertently makes a mistake in filling up the declaration or omits to submit some of the required information? The licensed housing developer will only be deemed to have fulfilled the requirements under rules 14(1)(c) and 14(1)(f) if the requisite documents are submitted on or before 23 Jul It is the licensed housing developer s responsibility to ensure that the documents are complete, true and correct and in compliance fully with rules 14(1)(c) and 14(1)(f) at the point of submission. Please note that no amendment or alteration is allowed to the declaration and information submitted. The licensed housing developer will have to submit a fresh set of declaration and information should there be a need to make any amendment or alteration to the submitted declaration Q4 For the detailed list of the differences between the show unit and the depicted unit as shown in the approved building plan, will the Controller ask the licensed housing developer to make any amendments? If the description in the list is not clear, the Controller may ask the licensed housing developer to make the necessary amendments to comply with the requirements under rules 14(1)(c) and 14(1)(f) in order for the show unit to qualify for the exemption. A fresh declaration, containing all the required information,including the amended list of the differences, must be submitted by 23 Jul 2015 to qualify for the exemption. Notwithstanding, it is the licensed housing developer s responsibility to ensure that the documents submitted are complete, true and correct and comply with the requirements under rule 14 in order for the show unit to qualify for exemption.