Welcome to a dynamic and evolving metropolitan landscape as we unveil the most eagerly anticipated Singapore condominium projects slated for completion in 2023. With an array of luxurious and cutting-edge properties entering the market, the coming years hold great promise for both investors and homebuyers alike.
These highly sought-after developments not only encapsulate the finest elements of contemporary living and stylish design, but they also embody Singapore’s unwavering commitment to green and sustainable urban planning. Experience a whole new level of sophistication, indulge in unparalleled amenities or simply invest in a fast-growing real estate market – the best of Singapore Condo TOP 2023 is just around the corner and the possibilities are limitless!
Singapore’s Condo TOP 2023
- List of completed/near-complete new launch condos available in 2023: Fourth Avenue Residences, The Gazania, The M, 15 Holland Hill, Amber Park, Jervois Prive, Jervois Treasures, One Draycott, Avenue South Residence, Coastline Residences.
- Benefits of choosing TOP Condos: Enjoy a completely new unit with all fixtures and fittings in brand new condition. Better chance for capital appreciation. Selection of available units. Free repairs during the defects liability period. Direct discounts from the developer.
- What to do once your condo gets its TOP: Check payment schedule, inspect your unit for defects, plan move-in dates considering unfinished facilities, apply for utilities connection, obtain approval for renovations.
Lentor Gardens Residences
What You Need to Know About Condo TOP in 2023
If you are planning to buy a condominium unit and wondering when it will be ready for occupancy, you may want to consider the Temporary Occupation Permit (TOP) that developers obtain for their completed buildings. The TOP allows homeowners to move in even as construction activities continue in other parts of the project. In this article, we will discuss the details of the condo TOPs that will be available in 2023 and what you can expect from them.
List Of Completed/Near-Complete New Launch Condos
|Project||Tenure||Units||TOP||Price||MRT||Mins to MRT||About|
|Fourth Avenue Residences||99 YEARS||476||2023||$27XX/PSF||SIXTH AVENUE MRT||5 MINS||Fourth Avenue Residences is a collection of 476 exclusive homes nestled amidst lush greenery and Good Class Bungalow Areas in Prime District 10.|
|The Gazania||FREEHOLD||250||2023||$24XX/PSF||BARTLEY MRT||2 MINS||The Gazania holds a coveted freehold status cocooned within the tranquility of a low-rise exclusive private estate.|
|The M||99 YEARS||522||2023||$25XX/PSF||BUGIS MRT||5 MINS||The M condo is located in Singapore’s Central Business District (CBD) on Middle Road, with 522 units and convenient access to retail outlets.|
|15 Holland Hill||FREEHOLD||57||2023||$30XX/PSF||HOLLAND VILLAGE MRT||10 MINS||15 Holland Hill is a low-rise freehold condominium located in Holland Village, with easy access to MRT, retail, and F&B outlets.|
|Amber Park||FREEHOLD||592||2023||$24XX/PSF||TANJONG KATONG MRT||5 MINS||Amber Park is located close to the sea, offering idyllic pleasures and convenient access to retail and F&B outlets.|
|Jervois Prive||FREEHOLD||43||2023||$27XX/PSF||REDHILL MRT||7 MINS||Jervois Prive pays homage to the rich history of the area and offers a modern interpretation of the classical Black and White bungalow.|
|Jervois Treasures||FREEHOLD||36||2023||$26XX/PSF||REDHILL MRT||9 MINS||Jervois Treasures offers luxury homes in Singapore’s prestigious private residential enclave, combining urban excitement with nature’s tranquility.|
|One Draycott||FREEHOLD||64||2023||$30XX/PSF||NEWTON MRT||10 MINS||One Draycott is nestled amidst lush landscaped gardens within the quiet residential enclave of Singapore’s most sought-after address.|
|Avenue South Residence||99 YEARS||1074||2023||$25XX/PSF||OUTRAM PARK MRT||14 MINS||Avenue South Residence is envisioned as a gateway to the live-work-play lifestyle, contributing to a dynamic city center with waterfront views.|
|Coastline Residences||FREEHOLD||144||2023||$28XX/PSF||TANJONG KATONG MRT||2 MINS||Coastline Residences offers expansive views of the sea and luxurious living in the East.|
Brand new TOP Condos are available now in Singapore
Are you on the search for a brand-new condominium in Singapore? Look no further than the TOP Condos available now! These condominiums have been built and sold by developers and are ready for immediate or soon move-in. For those who don’t want to wait years for a new launch condo project to be completed or don’t want a resale condo, the TOP Condos are the perfect option.
One of the benefits of choosing a TOP Condo is that buyers can enjoy a completely new unit with all fixtures, fittings, sanitary ware and air conditioning in brand new condition. As the first owner, buyers have the best chance to capitalize on maximum capital appreciation compared to purchasing a resale condominium.
In addition, buyers of TOP Condos can enjoy a better selection of available units, free repairs during the defects liability period, and direct discounts from the developer during promotions. There are various options available for buyers with TOP Condos scheduled for completion in 2022/2023. Some of these include Petit Jervois, Juniper Hill, MeyerHouse, The Hyde, The Addition, and more. Take advantage of the opportunity to own a new condominium in a prime location in Singapore with TOP Condos.
What is a Condo TOP and How Does it Work?
A Temporary Occupation Permit or TOP is an authorization issued by the Building and Construction Authority (BCA) of Singapore that allows homeowners to occupy their newly-built units while waiting for the completion of common facilities such as lifts, car parks, and landscaping. The duration of the TOP varies depending on the size and complexity of the project, but it usually lasts between three to thirty-six months.
When a developer obtains a TOP for a building, they can start handing over individual units to buyers who have already paid for them. This process is called vacant possession or VP. Once you receive VP of your unit, you are allowed to renovate or furnish it according to your preference before moving in. However, you cannot carry out structural changes or additions without obtaining approval from relevant authorities.
The issuance of TOP is an essential milestone for developers as they need it to apply for legal completion status or CSC (Certificate of Statutory Completion) later on. CSC indicates that all legal requirements have been met, and the building is deemed fit for occupation.
The Addition Condominium: Completed in 2023
The Addition Condominium is estimated to be completed in 2023 and is located in the bustling district of Potong Pasir. This development includes only 26 residential units, ensuring a truly exclusive living experience. With its prime location near the Potong Pasir MRT station, residents of The Addition Condominium can easily access other parts of Singapore, including the Central Business District and Orchard Road.
The development also boasts a range of high-quality amenities, including a swimming pool, gym, and a rooftop garden. Each unit is furnished with top-of-the-line fixtures and fittings, offering residents the utmost comfort and luxury. With a focus on sustainability, The Addition Condominium is also equipped with green features such as rainwater harvesting and an energy-efficient air conditioning system.
With its limited number of units and deluxe amenities, The Addition Condominium promises a lifestyle of exclusivity and convenience. Its location near the city center and nearby amenities ensures that residents can enjoy the best of both worlds: a tranquil oasis in a bustling area. This makes The Addition Condominium an excellent investment opportunity for those looking for a luxurious and convenient living experience in Singapore.
What Should You Do Once Your Condo Gets Its TOP?
If you have already purchased a unit in one of the above-mentioned projects or any other development that will get its TOP in 2023, you should prepare for the handover process. Here are some things that you can do:
- Check your payment schedule: Make sure that you have paid all outstanding payments before the developer hands over your unit to you. Typically, buyers need to pay about 95% of the purchase price before getting VP.
- Inspect your unit: Before accepting VP, inspect your unit thoroughly to ensure that it meets your expectations and there are no defects or damages. If you find anything amiss, report it to the developer immediately so that they can rectify it.
- Plan your move-in dates: Once you receive VP, you can start planning when to move in and make arrangements accordingly. Remember that some common facilities may not be ready yet, so factor this into your plans.
- Apply for utilities connection: Before moving in, apply for utilities connection such as electricity and water supply from relevant authorities.
- Renovate your unit: If you plan to renovate your unit, make sure that you obtain approval from the management corporation before carrying out any works. You should also engage a licensed contractor and follow regulations regarding noise pollution and debris disposal.
Singapore’s Condo TOP 2023
Are you looking to buy a new condo in Singapore that is ready for TOP in 2023? Here are some frequently asked questions and their answers:
Q: What are some of the new condo launches in 2023?
A: There are several new condo launches expected to TOP in the next couple of years, including Cairnhill 16, Mooi Residences, Davely Haus, Royalgreen, Midtown Bay, and Cuscaden Reserve. Each of these developments has its own unique features and selling points, so it is important to do your research and choose one that suits your needs and budget.
Q: Where are these new condo launches located?
A: These new condo launches are located in various parts of Singapore, including Orchard Road, Holland Road, Good Class Bungalow (GCB) enclave of district 10, Bukit Timah Road, Bugis, and River Valley Road. Some of the developments are located near MRT stations, making it easy to access other parts of the city.
Q: What are some of the features of these new condo launches?
A: Features of these new condo launches range from full condo facilities, concierge services, and North-South facing units to being directly connected to MRT interchanges and surrounded by Grade A offices, shopping malls, and eateries. Some of these new condo launches are also freehold, which is a rarity in Singapore.
Q: How much do these new condo launches cost?
A: Prices for these new condo launches vary depending on location, unit size, and other factors. Some of the developments have an attractive low per square foot price, while others are more expensive due to their prime location and exclusive features. It is recommended to consult with a financial advisor to determine your budget and affordability before making a purchase.