I am interested in buying land or old houses in Singapore for redevelopment

Buyers of landed property or vacant land should note that foreign ownership is subject to prior approval under the Residential Property Act. There are also rules for uncompleted private residential properties under the Housing Developers (Control & Licensing) Act. If the building is conserved, you must retain and restore key elements according to Urban Redevelopment Authority guidelines. Historic buildings, including many shophouses and bungalows, are gazetted for conservation and cannot be fully demolished. For a collective sale (en bloc), the Land Titles (Strata) Act governs the process, and more information can be found at http://statutes.agc.gov.sg. If you have concerns about the Conditions of Sale, you can refer to the Law Society’s site at http://www.lawsociety.org.sg/forMembers/ResourceCentre/ConditionsofSale2012.aspx. It may be advisable to consult a legal adviser on specific details.