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What does TOP stands for?
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12 Answers
Hi,
TOP means the date you get your keys to your unit and can move in.
Thanks!
Regards,
Richard Wan
Black Diamond Real Estate
richardwan@live.com
94363793 Read More
TOP means the date you get your keys to your unit and can move in.
Thanks!
Regards,
Richard Wan
Black Diamond Real Estate
richardwan@live.com
94363793 Read More
3
Dear All,
Temporary Occupation Permit (TOP) is a temporary permit issued by the authorities to allow owners to occupy the building. This permit is only issued upon key regulatory requirements for the development are met and approved by the authorities.
However, the development still need to obtain Certificate of Statutory Completion (CSC) in order to be cleared completely by authorities.
Upon TOP, Owner’s Mortgage loan will be payable at the TOP stage (85% of the loan) only. This mean lower monthly instalments till CSC is cleared (Full 15% amount to the developer by the bank).
Do note that there are cases that the CSC is issued together with the TOP.
Hope the above address to your concern, but if there are more queries, please feel free to call/WhatsApp me at 9366 1846 , or email: shawnkhooch@gmail.com if more information is needed.
I’m obliged to assist your needs.
Warm Regards,
Shawn Khoo
PNG Propnex
BA Design (Hons), DIP Architecture
Email: shawnkhooch@gmail.com
Contact: (+65) 9366 1846
Whatapps: (+65) 9366 1846
Facebook Page: www.facebook.com/shawnkhoo
Website: http://www.shawnkhoo.com
(Client's Testimonials)
**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **
-- HDB Sengkang 4rm Landlord Ms Lim--
We approach Shawn to rent out our unit because he is always present in my area, through flyers and road show. He secured our tenant with my expected rental within 2 weeks of marketing and handle all the necessary arrangements. It was a hassle-free experiment for us. Currently, we are getting him to renew our tenancy with the existing tenant.
--- First Time Executive Condo Buyer Mr. & Mrs. Soo ---
We are referred to Shawn by our friend who bought a resale HDB through his services.
At that time, we are pondering whether to buy a resale or BTO. Shawn professionally explained the pros/cons on all possible options. We finally decided to buy a EC after he gone through the financial calculations with us.
We have since moved into our EC and very happy with our new home. Good Job, Shawn
-- HDB 3-rm Sellers Mr. & Mrs. Ang --
We have engaged the services of Shawn Khoo for sale of our flat at Whampoa. We previously faced issues selling our unit. Shawn clearly explained how he is going to market our unit.
Shawn is hardworking and committed to his work. He run Open-House for our unit every week and update us on the status regularly.
We managed to sell our unit within a short period of time. Thanks, Shawn Read More
Temporary Occupation Permit (TOP) is a temporary permit issued by the authorities to allow owners to occupy the building. This permit is only issued upon key regulatory requirements for the development are met and approved by the authorities.
However, the development still need to obtain Certificate of Statutory Completion (CSC) in order to be cleared completely by authorities.
Upon TOP, Owner’s Mortgage loan will be payable at the TOP stage (85% of the loan) only. This mean lower monthly instalments till CSC is cleared (Full 15% amount to the developer by the bank).
Do note that there are cases that the CSC is issued together with the TOP.
Hope the above address to your concern, but if there are more queries, please feel free to call/WhatsApp me at 9366 1846 , or email: shawnkhooch@gmail.com if more information is needed.
I’m obliged to assist your needs.
Warm Regards,
Shawn Khoo
PNG Propnex
BA Design (Hons), DIP Architecture
Email: shawnkhooch@gmail.com
Contact: (+65) 9366 1846
Whatapps: (+65) 9366 1846
Facebook Page: www.facebook.com/shawnkhoo
Website: http://www.shawnkhoo.com
(Client's Testimonials)
**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **
-- HDB Sengkang 4rm Landlord Ms Lim--
We approach Shawn to rent out our unit because he is always present in my area, through flyers and road show. He secured our tenant with my expected rental within 2 weeks of marketing and handle all the necessary arrangements. It was a hassle-free experiment for us. Currently, we are getting him to renew our tenancy with the existing tenant.
--- First Time Executive Condo Buyer Mr. & Mrs. Soo ---
We are referred to Shawn by our friend who bought a resale HDB through his services.
At that time, we are pondering whether to buy a resale or BTO. Shawn professionally explained the pros/cons on all possible options. We finally decided to buy a EC after he gone through the financial calculations with us.
We have since moved into our EC and very happy with our new home. Good Job, Shawn
-- HDB 3-rm Sellers Mr. & Mrs. Ang --
We have engaged the services of Shawn Khoo for sale of our flat at Whampoa. We previously faced issues selling our unit. Shawn clearly explained how he is going to market our unit.
Shawn is hardworking and committed to his work. He run Open-House for our unit every week and update us on the status regularly.
We managed to sell our unit within a short period of time. Thanks, Shawn Read More
1
Hi
TOP = Temporary Occupation Permit.
This is one of two official key checkpoints for the completion of building.
The other and subsequent check point being the CSC = Certificate of Statutory Completion.
The TOP signifies that the building is certified as safe and meets the codes for humans to occupy it, to live in it.
These 2 checkpoints are used as clear and convenient markers in the progress of payments and the progress of ownership transfer.
Feel free to contact me if you have more questions.
Regards
Daniel Ho
OrangeTee Real Estate
wa.me/+6593868788
93868788 Read More
TOP = Temporary Occupation Permit.
This is one of two official key checkpoints for the completion of building.
The other and subsequent check point being the CSC = Certificate of Statutory Completion.
The TOP signifies that the building is certified as safe and meets the codes for humans to occupy it, to live in it.
These 2 checkpoints are used as clear and convenient markers in the progress of payments and the progress of ownership transfer.
Feel free to contact me if you have more questions.
Regards
Daniel Ho
OrangeTee Real Estate
wa.me/+6593868788
93868788 Read More
Temporary Occupation Permit.
Means you can move in to your unit while waiting for actual completion..
- Hakim
property@hakim.sg
9144 9841 Read More
Means you can move in to your unit while waiting for actual completion..
- Hakim
property@hakim.sg
9144 9841 Read More
"TOP" stands for "Temporary Occupation Permit." It is a permit issued by the Building and Construction Authority (BCA) of Singapore, allowing owners to occupy the building temporarily. This means that the building is deemed safe for occupation, even though it might not have received its Certificate of Statutory Completion (CSC).
Receiving the TOP is a significant milestone for new developments, as it indicates that the units can be handed over to buyers for occupation. However, it's worth noting that while residents can move in once the TOP is issued, there might still be some minor construction or rectification works ongoing in the development.
Happy to share more insights over text or a cup of coffee!
Nickson Guay
8761 5818
https://wa.me/6587615818
Propnex Realty Read More
Receiving the TOP is a significant milestone for new developments, as it indicates that the units can be handed over to buyers for occupation. However, it's worth noting that while residents can move in once the TOP is issued, there might still be some minor construction or rectification works ongoing in the development.
Happy to share more insights over text or a cup of coffee!
Nickson Guay
8761 5818
https://wa.me/6587615818
Propnex Realty Read More
More than a decade ago when this question was asked, artificial intelligence was still in its infant stage. Today, we have software like ChatGPT to help us with such queries. Here’s one response from AI for the books:
“TOP is an official document issued by the Building and Construction Authority (BCA) of Singapore. It signifies that a construction project, such as a residential or commercial building, has been completed in accordance with approved building plans and has passed the necessary safety and regulatory inspections. When a property or building receives its TOP, it indicates that it is safe and legally ready for occupancy.”
On top of this, couple of other interesting things to note (written by myself):
- TOP is not the final step to building completion. The final step is Certificate of Statutory Completion (CSC), which certifies that the building has met all regulatory requirements set out by governmental agencies such as PUB, LTA, SCDF, to name a few.
- For homebuyers under Progressive Payment Scheme, upon TOP and before CSC, their mortgage payments will be based on 85% on the purchased price, rather than the full 100%. Hence you enjoy a lower monthly mortgage before CSC is obtained.
- Developments tend to TOP earlier than their slated date by developers (although not always). As the builders are required to complete building by then or they are likely penalised to pay liquidated damages to various parties. Hence TOP date is set with a slight buffer for delays in construction or unforeseen situation such as Covid pandemic.
The property market is more dynamic than a question like this. With multiple layers of research, legalities, marketing & negotiations to address to, having an agent like me (hahaha) can help reduce your stress and navigate this harsh landscape much better. Not to forget the human touch I give throughout your entire property journey (:
Jay Lim
+65 8885 6761
jay@themindful.space
w: jaylimrealty.com | themindful.space Read More
“TOP is an official document issued by the Building and Construction Authority (BCA) of Singapore. It signifies that a construction project, such as a residential or commercial building, has been completed in accordance with approved building plans and has passed the necessary safety and regulatory inspections. When a property or building receives its TOP, it indicates that it is safe and legally ready for occupancy.”
On top of this, couple of other interesting things to note (written by myself):
- TOP is not the final step to building completion. The final step is Certificate of Statutory Completion (CSC), which certifies that the building has met all regulatory requirements set out by governmental agencies such as PUB, LTA, SCDF, to name a few.
- For homebuyers under Progressive Payment Scheme, upon TOP and before CSC, their mortgage payments will be based on 85% on the purchased price, rather than the full 100%. Hence you enjoy a lower monthly mortgage before CSC is obtained.
- Developments tend to TOP earlier than their slated date by developers (although not always). As the builders are required to complete building by then or they are likely penalised to pay liquidated damages to various parties. Hence TOP date is set with a slight buffer for delays in construction or unforeseen situation such as Covid pandemic.
The property market is more dynamic than a question like this. With multiple layers of research, legalities, marketing & negotiations to address to, having an agent like me (hahaha) can help reduce your stress and navigate this harsh landscape much better. Not to forget the human touch I give throughout your entire property journey (:
Jay Lim
+65 8885 6761
jay@themindful.space
w: jaylimrealty.com | themindful.space Read More
Temporary Occupation Permit.
My Answer with regards to your Question:
Allow me Assist Further Read More
My Answer with regards to your Question:
Allow me Assist Further Read More
1
In Singapore, for condos, "TOP" stands for Temporary Occupation Permit.
It's an important milestone in a condo development project, signifying that the building has met specific construction standards and is ready for residents to move in.
Here's a breakdown of the significance of TOP:
Occupancy after TOP: Once a condo receives TOP, residents can collect their keys and officially move into their units.
Impact on Pricing: Condos under construction are typically sold based on estimated timelines for TOP. The closer a condo gets to its TOP date, the property value might increase due to its nearing completion.
------------------
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT ：）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
XXXXX The End XXXXXXX Read More
It's an important milestone in a condo development project, signifying that the building has met specific construction standards and is ready for residents to move in.
Here's a breakdown of the significance of TOP:
Occupancy after TOP: Once a condo receives TOP, residents can collect their keys and officially move into their units.
Impact on Pricing: Condos under construction are typically sold based on estimated timelines for TOP. The closer a condo gets to its TOP date, the property value might increase due to its nearing completion.
------------------
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT ：）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
XXXXX The End XXXXXXX Read More
2
In Singapore, for condos, "TOP" stands for Temporary Occupation Permit.
It's an important milestone in a condo development project, signifying that the building has met specific construction standards and is ready for residents to move in.
Here's a breakdown of the significance of TOP:
Occupancy after TOP: Once a condo receives TOP, residents can collect their keys and officially move into their units.
Impact on Pricing: Condos under construction are typically sold based on estimated timelines for TOP. The closer a condo gets to its TOP date, the property value might increase due to its nearing completion.
------------------
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT ：）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
XXXXX The End XXXXXXX Read More
It's an important milestone in a condo development project, signifying that the building has met specific construction standards and is ready for residents to move in.
Here's a breakdown of the significance of TOP:
Occupancy after TOP: Once a condo receives TOP, residents can collect their keys and officially move into their units.
Impact on Pricing: Condos under construction are typically sold based on estimated timelines for TOP. The closer a condo gets to its TOP date, the property value might increase due to its nearing completion.
------------------
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT ：）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
XXXXX The End XXXXXXX Read More
2