Are you intending to buy condo Singapore for your residential comfort or property investment? Then you might be interested in purchasing a new condo that will be finished or receive its Temporary Occupancy Permit (TOP) in 2022.
Although purchasing a TOP condo would entail foregoing early bird discounts and paying more than if purchased at the launch, there are numerous reasons why one would do so.
For starters, unlike resale condos, TOP condos are brand new and come with a fresh lease. TOP-ed condos are also ready to move into, so you won't have to wait two to three years for them to be finished.
With the rising trend of wellness, the majority of these TOP condos have excellent gyms. Finally, because the condo has already been built, you can not only save money on resale condo renovations but also get a better view of the actual unit and its surroundings. Furthermore, purchasing a TOP condo saves you money on resale condo renovation costs!
Does this sound like a plan? Continue reading for our list of condos obtaining their TOP in 2022.
Jui Residences
Jui Residences is a freehold condominium on Serangoon Road with only one 18-storey block and 1- to 3-bedroom units for sale. It is ideal for singles and small families looking to live on the outskirts of the city.
The development is located approximately 13 minutes by foot from Geylang Bahru MRT station on the Downtown Line and 15 minutes from Potong Pasir MRT station on the North East Line. It is also easily accessible from the city core via Serangoon Road, which leads to Little India in minutes.
Because the condo is located on the banks of the Kallang River, it will benefit from the URA's plans to improve the waterfront area.
Coastline Residences
Who wouldn't want to wake up to a stunning sea view from their bedroom? Coastline Residences will be a freehold development at 9 Amber Road in the East Coast area, just a short distance from popular destinations such as East Coast Lagoon Food Village, East Coast Park, and shopping malls such as Parkway Parade.
This exclusive project will include 144 residential units in a twin 21-story building.
Coastline Residences is less than five minutes' walk from Tanjong Katong MRT station, which is part of the upcoming Thomson-East Coast line.
Park Colonial
The upcoming Park Colonial 99-year leasehold condo offers a satisfying balance of location and price. It is a large development with six 14 to 16-story blocks.
The property is located on Woodleigh Lane, two minutes' walk from Woodleigh MRT on the North East Line, and will benefit from the development of the Bidadari area into a residential precinct. Residents will also have quick access to the expressway network thanks to the proximity of the PIE and CTE.
Woodleigh Mall, as well as the scenic Alkaff Lake and Bidadari Park, are all less than a 10-minute walk away. This condo's residents will also have easy access to the Serangoon area and the NEX shopping mall, which is only one MRT stop away.
Cedar Girls' Secondary School, Cedar Primary School, Maris Stella High School (Primary), St Andrew's Junior School, St Andrew's Secondary School, and St Andrew's Junior College are among the popular primary schools in the area.
Finding A New Condo
Still planning to buy condo Singapore? Well, there are always plentiful of condo launches. Even during the pandemic, new condo launches continued to dominate the market.
