AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Bought my HDB May'2010 on bankloan. ie, b4 31Aug 2010 new HDB ruling. (i)So,my MOP is just 3yrs,not 5yrs,right? (ii) The 31Aug ruling states one has to complete MOP,then can buy 2nd property (condo). Since my purchase was b4 this ruling,pls clarify if i can concurrently buy a condo and not necessarily wait to complete MOP? Pls advise, thanks.
0 •
837 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Mike Lim
Replied
Evening Farah,

If you completion for HDB unit is between 5th March 2010 to 29 August 2010, your MOP is 3 years. Under HDB ruling, HDB owners are not allowed to purchase private property before the MOP have being fulfilled.

FYI
Mike Lim
 96929209 
ERA Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions