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Dear agents,

My wife and I balloted in the SBF Nov 2014 round and had a few questions.

1. If we buy a HDB now, will we be able to purchase a condo within MOP? Will we be able to rent out the condo as well?
2. After MOP, will we be able to move into a condo and rent out the HDB?
3. We have a queue number in this round, but are looking at resale prices, and quite similar to the new flat prices now ~! Is there any advantage to buying resale? No MOP correct? Also, can we buy and move into a condo and rent out the resale flat?

We are both SC, and it is probably our last shot to get a new HDB flat as we might hit the income cap next year.

Appreciate your advice!
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3 Answers

Hi,

Regardless if you purchase direct from HDB or HDB resale, you need to stay in the unit and meet 5 years MOP first before you can purchase any other 2nd residential property.

Once your MOP is met and you purchase the condo, you can keep both hdb and condo, and sublet the whole HDB unit out. Thanks and hope it clarifies, is there anything I can assist further?

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More
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Hi.
To answer your question. Once you buy a new hdb, it will be 5 years mop from the date of key collection. Buying a resale, it will be 5years mop before you can buy a condo for investment or own stay. Lets discuss in details at my mobile 91442664  .
Looking to hear from you.
Tricia Tan
www.triciatan.myweb.sg
 9144 2664  Read More
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Hi there,

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner, for me to very comprehensively chart out your financial calculations flow and for us to explore the available options and alternative.

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

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