An amendment to DC Regulation 33 (9)

Development Control Regulation 33 (9) has a new amendment in cluster redevelopment. The amendment has given tenants of old, cessed buildings the right to select their own builder. However, the landlords can veto against any decision as their consent is ultimate.

Before, the state urban development department issued a notification of amendment stating that if 70% of the tenants concur, they can choose a developer as they prefer regardless of the landlords choosing. Following which, the department would give them a letter of intent (LoI).

Earlier rules issued the LoI when the landlord used to finalise on the developer. This was followed by the landlord getting consent from all tenants within a year of the LoI date. With the new 70% rule, the developer has to get the approval of the remaining tenants and landlord within the prescribed year.

This is expected to give the tenants more bargaining power.