Asked by priscilla tan
Can one buy private condo before Executive condo's 5 yr MOP is up?
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2 Answers
Your Singapore Condo Specialist Team,
Hello Pricilla,
When you use the term MOP, I take it that you bought first hand from HDB / or via subsidised housing loan?
If that's the case, then you are right, you cannot buy a private apartment/condo as the LEGAL owner before the 5 year MOP is up. Having said that, under special circumstances, there have been instances whereby being close to the MOP, buyers have been able to appeal to waive the full 5 years.
Mervin Tang
Senior Marketing Associates
Developer's Appointed Agency
Huttons Real Estate Group
Call Today: (+65) 9184 0208
Website: http://www.sgcondospecialist.com
Sales Enquiry: enquiry@sgcondospecialist.com
Career Opportunities: career@sgcondospecialist.com Read More
Hello Pricilla,
When you use the term MOP, I take it that you bought first hand from HDB / or via subsidised housing loan?
If that's the case, then you are right, you cannot buy a private apartment/condo as the LEGAL owner before the 5 year MOP is up. Having said that, under special circumstances, there have been instances whereby being close to the MOP, buyers have been able to appeal to waive the full 5 years.
Mervin Tang
Senior Marketing Associates
Developer's Appointed Agency
Huttons Real Estate Group
Call Today: (+65) 9184 0208
Website: http://www.sgcondospecialist.com
Sales Enquiry: enquiry@sgcondospecialist.com
Career Opportunities: career@sgcondospecialist.com Read More
Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More
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