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Property Development Contract Template for Singapore

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Key Requirements PROMPT example:

Property Development Contract

"Need a Property Development Contract for a 50-unit luxury condominium project in Singapore's River Valley area, with construction starting March 2025 and including green building certification requirements and smart home technology specifications."

Document background
The Property Development Contract serves as the primary legal instrument for managing construction projects in Singapore's highly regulated property development sector. This document is essential when undertaking any significant property development project, whether commercial, residential, or mixed-use. It incorporates crucial elements including construction specifications, regulatory compliance requirements, payment structures, and project timelines, all aligned with Singapore's Building Control Act and related legislation. The contract ensures all parties understand their obligations and protects their interests while maintaining compliance with Singapore's strict building and development standards.
Suggested Sections

1. Parties: Identification and details of the developer and contractor

2. Background: Project context and purpose of the agreement

3. Definitions: Key terms used throughout the contract

4. Scope of Works: Detailed description of construction and development works

5. Contract Sum and Payment Terms: Price, payment schedule, and payment conditions

6. Project Timeline: Construction schedule, milestones, and completion dates

7. Obligations of the Parties: Responsibilities of developer and contractor

8. Warranties and Quality Standards: Construction and material quality guarantees

Optional Sections

1. Green Building Requirements: Special provisions for projects seeking Green Mark certification, including environmental standards and sustainable construction practices

2. Smart Building Features: Specifications for smart technology integration and building automation systems

3. Phased Development: Terms and conditions for staged construction and progressive completion of different project phases

Suggested Schedules

1. Schedule 1: Property Details: Land title, location, and site specifications

2. Schedule 2: Construction Drawings: Approved architectural and engineering plans

3. Schedule 3: Bill of Quantities: Detailed breakdown of materials and costs

4. Schedule 4: Construction Timeline: Detailed project schedule with milestones

5. Schedule 5: Technical Specifications: Detailed construction and material specifications

6. Appendix A: Permits and Approvals: Copies of regulatory approvals and permits

7. Appendix B: Insurance Requirements: Required insurance coverage details

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






































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Industries

Building Control Act (Chapter 29): Primary legislation governing building works and construction, including building plan approval requirements and building safety standards

Planning Act (Chapter 232): Controls land use and development, sets requirements for planning permissions and development charges

Housing Developers (Control and Licensing) Act: Regulates licensing requirements for developers, requirements for sale of uncompleted properties, and protection of buyers' interests

Sale of Commercial Properties Act: Governs regulations for commercial property transactions and developer obligations

Environmental Protection and Management Act: Covers environmental impact considerations and pollution control requirements for development projects

Building Control Regulations: Detailed regulations implementing the Building Control Act

Building Maintenance and Strata Management Act: Regulates management and maintenance of strata properties

Fire Safety Act: Establishes fire safety requirements and standards for buildings

Workplace Safety and Health Act: Sets safety standards and requirements for construction workplaces

Security of Payment Act (SOPA): Facilitates payments for construction work and related goods and services

BCA Regulations: Building and Construction Authority regulations including Green Mark requirements and construction quality standards

URA Guidelines: Urban Redevelopment Authority guidelines for development control and land use

Fire Safety Code: Detailed technical requirements for fire safety in buildings

Universal Design Guidelines: Standards for inclusive building design ensuring accessibility for all users

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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