Facts supporting the conclusion
The unregistered company rented out properties A,B and C and conducted investment-holding activities. It had held them for rental income or appreciation, had no recurring property-purchase-and-sale history and no other property sales since incorporation. Other annual taxable supplies were belowS$1 million. The company intended to sell all three and then apply for striking off. The capital-sale values were excluded when assessing registration liability.
Separate transaction evidence from general thresholds
Maintain acquisition, rental and accounting records that explain the investment purpose and disposal plan. Multiple properties can be capital assets, but the number sold alone does not determine their classification. This is applicant-specific registration treatment, not general relief on commercial-property sales. The summary describes a quarterly retrospective test; because that description differs from current general registration guidance, verify the applicable statutory period instead of reproducing it as a universal threshold rule.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates. Published rulings bind only the applicant and specified transaction. IRAS does not update them for later changes in law or interpretation.
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