6 Answers

Hi,

Its definitely possible, but both of you (owner and essential occupiers) will be subjected to 5 year MOP before you can purchase any 2nd residential property. Thanks and hope to assist with your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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SMU BBM (Finance), Magna Cum Laude

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Hi buyer,

I believe you want to use one of your names to purchase a second property, and not be subjected to ABSD - do note that what you suggested is possible, but the occupier would be subjected to the MOP of 5 years as well.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More
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Hi,

This is possible, however please do take note of MOP and ABSD liable. For further understanding, please do contact me to give you a better insight and explanation regards to your purchase and finances. Visit my website for my awards and testimonials. Thanks!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014/2015

2015/2016 ERA Asia-Pacific Business Conference Elite Award
ERA 2015 Q1 Top Achievers (Top1% of ERA)
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2014 ERA Asia-Pacific Business Conference Elite Award

P Group
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Afternoon,

Both of you can purchase resale HDB public scheme where one of you is the main applicant and the other will be the essential occupier. Both of you will be required to observe the MOP requirement before being eligible to purchase the next property.

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi Sir/Mdm,

Yes it is possible. However both the owner and the essential occupier will be subjected to the 5 years Minimum Occupation Period (MOP) and therefore will NOT be able to purchase a residential property for investment during this period.

May I know what are your plans and objectives so that I can value add to your plans?

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
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“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred SG Professional- Agent.myweb.sg & Agent.irealtor.sg

No issues, MOP still apply. The property will be solely legal owned by the owner in property title. Not the occupier

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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