Asked by dene
What does "Top year" mean?
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1 Answer
**"TOP Year"** in Singapore’s real estate context refers to the **"Temporary Occupation Permit"** year. Here’s what it means:
1. **Definition**:
- **Temporary Occupation Permit (TOP)**: The year when a property or development is officially granted permission by the authorities to be occupied, even though the development might not yet be fully completed.
2. **Significance**:
- **Occupancy**: Marks the point at which residents can move into the property, even if some construction work might still be ongoing.
- **Handover**: For new developments, it's the year when developers hand over the units to buyers.
3. **Implications for Buyers**:
- **Property Completion**: Indicates when the property is expected to be ready for occupation, which can affect decisions on moving in or arranging rentals.
- **Purchase and Sale**: The TOP year can influence the property's market value and investment potential.
4. **Legal and Financial Aspects**:
- **Mortgage**: It may impact the timeline for starting mortgage payments or settling in.
- **HDB Flats**: For public housing, it signifies when the flat is ready for new owners or tenants.
**Summary**:
- **TOP Year**: Refers to the year when a property receives the Temporary Occupation Permit, allowing for occupation before the final completion of construction.
WhatsApp me at: ABLE Toh (65) 9856-9255 or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 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 ” Read More
1. **Definition**:
- **Temporary Occupation Permit (TOP)**: The year when a property or development is officially granted permission by the authorities to be occupied, even though the development might not yet be fully completed.
2. **Significance**:
- **Occupancy**: Marks the point at which residents can move into the property, even if some construction work might still be ongoing.
- **Handover**: For new developments, it's the year when developers hand over the units to buyers.
3. **Implications for Buyers**:
- **Property Completion**: Indicates when the property is expected to be ready for occupation, which can affect decisions on moving in or arranging rentals.
- **Purchase and Sale**: The TOP year can influence the property's market value and investment potential.
4. **Legal and Financial Aspects**:
- **Mortgage**: It may impact the timeline for starting mortgage payments or settling in.
- **HDB Flats**: For public housing, it signifies when the flat is ready for new owners or tenants.
**Summary**:
- **TOP Year**: Refers to the year when a property receives the Temporary Occupation Permit, allowing for occupation before the final completion of construction.
WhatsApp me at: ABLE Toh (65) 9856-9255 or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 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 ” Read More