Developer n Fire Sale Condo Singapore

at TOP completed Projects 2018

Such Units for Sale could move very quickly.  Time is the Essence.  Please contact us asap, if you are keen.

This is the most elusive list of units available for sale.  And this is the most fast moving list.  You got almost everything worked out for you - Further Discounted, Ready To Move In and Likely Able to View Actual Unit.  If you find a unit you are keen, you would likely have to be faster and beat those who are interested too.

Filtered Search On New Units at TOP Projects

Do a filter search for a well discounted condo unit from TOP or completed property development by following the instructions.  Please contact us if you are keen on the units or let us know what you are seeking.  We will be willing to share with you and bring you to view the units you are keen in, if viewing is permitted.

By Unit Types

INSTRUCTIONS:
To activate FILTER SERACH, please click on your selected unit type and press Submit.
To RESET, please un-click your selected unit type and press Submit.

By Location

INSTRUCTIONS:
To activate FILTER SERACH, please click on your selected unit type and press Submit.
To RESET, please un-click your selected unit type and press Submit.

Floor Plans of Available Units For Sale

Please click on 'Read More' for more information and contact us to get specific details and view the units (if permitted).  If you are not able to view, please contact us and let us know your requirements, we will search for you.

Search For Available Units at All Regions of Singapore

Please Click on the Image of your Preferred Region.

Contact Us For a Better Understanding of Your Requirements

Or if the filtered search is not successful.

  • Hotline

    +65 6100 8123

  • Email

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Why are some Units on Further Discounts by Developers?

Every developer would want to have their developments to be fully sold. It is their pride and it demonstrate their ability to sell real estate well. There is also the various cooling measures to handle and their reputation to protect. Most important of all, is the profit they could obtain. After all, they are business people.

In Singapore, there is this Housing Developers (Control and Licensing ) Act (Chapter 130) that must be adhere to. The Urban Redevelopment Authority (URA) is responsible in ensuring full compliance from the developers.

In order to get the development to be fully sold, more efforts were required especially on the remaining few. Some units are good units, being part of developer’s strategy to sell on a later date but require more time. Some units are simply missed for no significant reasons. Some units were aborted and became available on a much later date.

Today, you have the opportunities to get such units, dependent on unit availability. List below are some units on further discounts by the developers. Please make a comparison to what are being offered in the market today. With the up-coming trend of up rising prices, today may be your lucky day.

Impact On Property Developers

Qualifying Certificate

Singapore Land Authority (SLA) responsible for the Residential Property Act, in managing foreign ownership of land introduced a new rules under Qualifying Certificate (QC) for developers with non-Singaporean shareholders or directors requiring them to sell the development 2 years after obtaining TOP. Otherwise, they will have to pay penalty for 8% for unsold units for the first year of extension, 16% for unsold units for the second year of extension and 24% for unsold units held for the third year of extension. This depends on the price of land the percentage of unsold units.

New Additional Buyer Stamp Duty (ABSD) Ruling

Developers for projects with 5 units or more, acquiring new sites before 6 Jul 2018 by are subjected to 15% ABSD but could be remitted on certain conditions.

Developers acquiring new sits on or after 6 Jul 2018 are subjected to a new ABSD ruling which make them liable to 30% ABSD of which 5% is not remittable. Remssion conditons are listed from IRAS.

Consequences

Developers in managing profit and losses for specific developments would have to considered these rulings. One of the easier tasks is to lower the profit margin for selected units especially if there are only a handful of units unsold.

However, there are developments that are not affected by these new rulings as the land obtained could be many years ago before the implementation of these new rulings.

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Disclaimer

© Copyright 2018. Every care has been taken to prepare in the content of and material attached, in www.NewPropertyAdvisor.com website. Responsibility cannot be held for inaccuracy and omission by the developers or the marketing agents. All graphic representations including artists’ impressions, architectural models, photographs, illustrations, drawings are not to be relied as statements or representation of facts. Floor plans have to be subjected to final survey and illustrations are approximate measurements. Subject to changes and availability apply to materials and finishes. Information is subjected to change and do not form part of an offer or contract (including Prices Quoted and Availability of Units). The entire agreement between the developer and purchaser as in the Sales and Purchase Agreement, shall in no way be modified by any representations or statements from this website.
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    CPF Bishan Singapore S 579838

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