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房屋发展商所申请的售屋牌照 – 此牌照只让发展商在屋子获得临时入伙证之后才可卖屋

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.

Source: URA

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