MAE-2.11.11

Past version: Effective from 01 Oct 2017 to 31 Mar 2022
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In order to approve a real estate equity crowdfunding offer, a crowdfunding platform operator must ensure that real estate projects comply with the following additional requirements; (a) The real estate project must be duly incorporated and registered with relevant authority in respective jurisdiction.; and (b)The real estate project must be an income producing (rental income, leasing etc.) project or property and the intended uses may be for commercial and/or dwelling purpose.

Added: October 2017