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can i buy a pte property after i take over joint ownership together with my father in a HDB flat which i stay in for more than 30 years, through transfer of ownership? If possible, I understand that there is mininum occupancy period requirement that one must fulfilled and when wld this MOP starts to count?
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1 Answer

William Choo
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Hi!

Your MOP of five years start from the effective date of transfer and yes, you can't purchase another Pte residential property during this period.

Having said that, you can still invest in commercial and industrial properties where such rules ate not applicable.

Do drop me a note if there's any enquiry.

Kind regards,
William Choo (朱文彬）
Senior Marketing Consultant, 
CEA Reg No: R044093D
Huttons Asia Pte Ltd (License no: L3008899K)
Mobile: 9721 8288 
Web site: www.facebook.com/PropertySGD Read More
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