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| URL | https://thefinance.sg/2021/01/19/how-does-normanton-parks-former-no-sale-license-matter-to-buyers/ |
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| Meta Title | How Does Normanton Park’s Former “No-sale License” Matter To Buyers? - TheFinance.sg |
| Meta Description | Normanton Park is shaping up to be one of the hot launches of 2021. It’s close to the One-North tech hub, an area where housing options have been few to date; and we won’t be too surprised if investors and home owners are both lining up. But by now, you may also have heard about |
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| Boilerpipe Text | Normanton Park is shaping up to be one of the hot launches of 2021. It’s close to the One-North tech hub, an area where housing options have been few to date; and we won’t be too surprised if investors and home owners are both lining up. But by now, you may also have heard about previous “issues”, and its former no-sale license.
Should that matter to buyers at all? Let’s shed some light on the issue, and you can make your own decision:
What is a no-sale license?
There are two kinds of license a developer can receive, with regard to sales. The first is the typical Sale License; this allows developers to start selling units as soon as the Building Development Plan is approved by URA.
The second type of license, which is much rarer, is a no-sale license. This means the developer can start building, but cannot start selling units until after receiving the Temporary Occupancy Permit (TOP).... |
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How Does Normanton Park’s Former “No-sale License” Matter To Buyers?
By Stacked Homes • January 19, 2021

Normanton Park is shaping up to be one of the hot launches of 2021. It’s close to the One-North tech hub, an area where housing options have been few to date; and we won’t be too surprised if investors and home owners are both lining up. But by now, you may also have heard about previous “issues”, and its former no-sale license. Should that matter to buyers at all? Let’s shed some light on the issue, and you can make your own decision: **What is a no-sale license?** There are two kinds of license a developer can receive, with regard to sales. The first is the typical Sale License; this allows developers to start selling units as soon as the Building Development Plan is approved by URA. The second type of license, which is much rarer, is a no-sale license. This means the developer can start building, but cannot start selling units until after receiving the Temporary Occupancy Permit (TOP)....
[â–¶ Watch the latest SG Finance Videos](https://watch.thefinance.sg/)
[Read the full article](https://stackedhomes.com/editorial/normanton-park-no-sale-license/)
[ By Stacked Homes The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.](https://thefinance.sg/author/stacked-homes/)
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| Readable Markdown | Normanton Park is shaping up to be one of the hot launches of 2021. It’s close to the One-North tech hub, an area where housing options have been few to date; and we won’t be too surprised if investors and home owners are both lining up. But by now, you may also have heard about previous “issues”, and its former no-sale license. Should that matter to buyers at all? Let’s shed some light on the issue, and you can make your own decision: **What is a no-sale license?** There are two kinds of license a developer can receive, with regard to sales. The first is the typical Sale License; this allows developers to start selling units as soon as the Building Development Plan is approved by URA. The second type of license, which is much rarer, is a no-sale license. This means the developer can start building, but cannot start selling units until after receiving the Temporary Occupancy Permit (TOP).... |
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