09-04-2013, 09:19 AM
It is a necessary move to avoid illusion, which we all experience during show room visit, and the discounts advertised.
More regulations for showrooms in amended Housing Developers Act
SINGAPORE — Showrooms for future private residential properties will no longer be able to use glass panels in place of a solid brick wall to make the unit seem bigger than the actual product. Instead, developers will be required to have structural and external walls which are of the same thickness in actual units, with labelled furnishings, interior fittings and finishes that are made known to buyers, while the authorities will have the right to enter and close showrooms which breach these rules.
These are some examples of the new Housing Developers Rules which the Government will be empowered to make, after Parliament approved changes to the Housing Developers (Control and Licensing) Act yesterday.
Under the amendments, developers will be required to make public their audited financial positions, while their advertising and promotional activities of developments will also be regulated. The maximum fine if developers fail to comply has been raised five times to S$100,000.
http://www.todayonline.com/singapore/mor...lopers-act
More regulations for showrooms in amended Housing Developers Act
SINGAPORE — Showrooms for future private residential properties will no longer be able to use glass panels in place of a solid brick wall to make the unit seem bigger than the actual product. Instead, developers will be required to have structural and external walls which are of the same thickness in actual units, with labelled furnishings, interior fittings and finishes that are made known to buyers, while the authorities will have the right to enter and close showrooms which breach these rules.
These are some examples of the new Housing Developers Rules which the Government will be empowered to make, after Parliament approved changes to the Housing Developers (Control and Licensing) Act yesterday.
Under the amendments, developers will be required to make public their audited financial positions, while their advertising and promotional activities of developments will also be regulated. The maximum fine if developers fail to comply has been raised five times to S$100,000.
http://www.todayonline.com/singapore/mor...lopers-act
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