Frequently Asked Questions
1. What does it mean when I do a search for details of Developers’ Licence but the search shows that there is no record?
First, check whether you have selected the search criteria properly. If you are sure the details you selected are correct, then it means that the project or developer that you are searching for does not have a valid Housing Developers’ Licence. This could be because:
a) The developer is undertaking a project with less than 5 housing units and therefore not required to be licensed; or
b) The developer has already obtained a Certificate of Statutory Completion and individual titles for all housing units and therefore, has been delicensed.
2. What is the difference between a Housing Developers’ Sale Licence and a No-Sale Licence?
A Sale Licence allows the developers to sell the units once Building Plan Approval is given. Developers with No-sale Licence can only commence construction but are not allowed to sell any units before Temporary Occupation Permit (TOP) is obtained for the project. A developer with a No-sale Licence will need to apply to the Controller to convert the licence into a Sale Licence before he can sell any unit after he has obtained TOP for the project. He can also convert to a Sale Licence prior to obtaining TOP for the project if he is able to satisfy the criteria to qualify for a Sale Licence.
3. What does it mean that a developer is delicensed?
A developer will be delicensed once he has obtained the Certificate of Statutory Completion (CSC) and also individual titles for all the units in his development project. When a developer is delicensed, he will no longer be under the ambit of the Housing Developers (Control & Licensing) Act for that particular project.
4. Can I buy units from a project developed by a developer who does not hold a valid licence?
Only developers issued with a Sale Licence are allowed to sell the housing units in their project, unless the project has less than 5 housing units or had been completed with CSC and titles issued.