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The Agreement For Purchase Of Flat With Builder is a crucial document in Singapore's property development sector, used when purchasing residential properties directly from developers. This agreement is particularly relevant for new developments or properties under construction, where the purchaser commits to buying before completion. It must comply with Singapore's strict regulatory framework, including the Housing Developers (Control and Licensing) Act and various URA guidelines. The document covers essential aspects such as payment schedules aligned with construction milestones, detailed property specifications, completion deadlines, defects liability periods, and vacant possession terms. It provides legal protection for both the developer and purchaser while ensuring transparency in the transaction.
