Exemption from need for housing developer’s approval
5.—(1)  Subject to sub‑paragraph (2), section 31 of the Act does not apply to Areca Investment Pte Ltd.
(2)  Despite sub‑paragraph (1), section 31(1) and (4) of the Act continues to apply to Areca Investment Pte Ltd in relation to the retention of a dwelling‑house that is a landed dwelling‑house.
(3)  In this paragraph, “landed dwelling‑house” means a detached house, a semi‑detached house or a terrace house (including a linked house or a townhouse), whether or not comprised within a strata title plan registered under the Land Titles (Strata) Act (Cap. 158).