Question 2 (RPA Housing Developer's Qualifying Certificate) \"my.\" . I'm..lw~" I A local construction firm, Huat 8: Co bought a warehouse at Robertson Quay in the 705 to store construction materials for their projects in the CBD area. In the 1984 master plan, the area was zoned mixed use (commercialresidential). Huat and Co continued to use the warehouse for storage until their CBD projects were completed in the early 905. They decided to sell the land to a foreign company, Property International Pte Ltd. (PIPL). The two parties proceeded to register the transaction at the Land Titles Registry. It was rejected. a) Why was the sale to PIPL rejected by Registry of Land Titles? b) PIPL claimed that it had intended to continue the use of the warehouse after purchase. Would the Authority allow the transaction to proceed? Pl explain your answer. c) PIPL was advised to apply for Qualifying Certificate but it was unwilling to do so. What could be the reasons for its reluctance