Identify the eligible land amount
Regulation 41 relief addresses qualifying land for residential development, including vacant land and land whose buildings will be demolished. Retained buildings, or buildings used before demolition, require separating land and building values; building GST is not recoverable under this land relief. Mixed developments need supported residential allocation and independent valuation. Ordinary non-residential input recovery remains subject to the usual rules.
Complete the conditions before claiming
The developer must be the legal owner or lessee, pay price and tax, obtain URA written permission and keep agreements, invoices, payment, valuation and demolition evidence. Claims or remission applications must meet the stated five-year purchase-date limit. Registered developers meeting all conditions can claim through returns without prior approval; unregistered or pre-registration purchases follow remission application. Notify IRAS if exempt residential supplies have not commenced within four years.
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.
Read the official PDF ↗