MCC Land and URA respond on no-sale licence at Sceneca Residence

July 20, 2022



The sales gallery of Sceneca Residence at Tanah Merah Kechil Link has been set up for launch and construction on the site has begun. However, the 268-unit condominium development with 19 strata-titled commercial units has yet to be launched.

This is because URA’s Controller of Housing (COH) has issued the developer, MCC Land (TMK) Pte Ltd, with a no-sale licence on May 12. “COH issued a no-sale licence to MCC Land (TMK) Pte Ltd for its new project at Tanah Merah Kechil as the company had failed to meet the requirements for a sale licence, which includes demonstrating a track record of completing past projects satisfactorily,” says a URA spokesperson in an email response to queries from EdgeProp Singapore.

MCC Land (TMK) Pte Ltd is an entity of MCC Land, the property development arm of MCC Singapore, which is in turn a subsidiary of Beijing-headquartered state owned enterprise China Metallurgical Group Corp (MCC Group).

According to an MCC Singapore spokesperson, URA has issued the no-sale licence for the project at Tanah Merah Kechil Link “because it has yet to meet the requirements of a sale licence”.



MCC Singapore adds that it will be applying for a sales licence in October 2022, and “pending a successful sales licence being issued after our application, we will launch as soon as we can thereafter”, adds the spokesperson in an email response to queries from EdgeProp Singapore.

URA says that the COH takes various factors into consideration when assessing any application for a housing developer’s licence, including the developer’s track record in the development of housing projects. “Where necessary, the COH may issue a licence with conditions to ensure that the interests of home buyers are duly protected,” says the spokesperson in an email response.

For example, the COH may require the developer to obtain CONQUAS certification for the project to be licensed. This is to give home buyers assurance that “their housing units are constructed and finished to a reasonable standard of quality”, says URA.

Read more at: https://www.edgeprop.sg/property-new...neca-residence