2 Answers

Hi Starry,

As long as you meet the MOP of 5 years, you can go ahead to purchase your next condo.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
ERA Read More
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Dear Starry Chan;

Yes,you will need to meet the Minimum Occupation Period of 5 yrs for EC before you can purchase another private property.Even before the new ruling,this was already in effect for EC bought direct from developer(5 yrs MOP).No,you cant buy another property under your name even though it will only be TOP in 2 yrs time.The 5yrs is from the date of keys collection of your EC to signing of Option to Purchase for your new property,and not the TOP date.Maybe you can start looking for your next property next year when your MOP is approaching?Hope it helps..

Rgds;
LYna from ERA
 9623 8442 
lynasong@hotmail.com
www.lynasong.myweb.sg Read More
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