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Hello,
Can anyone answer me?I am going to sell my condo at the end of this year now i am staying in my HDB flat.I would like to know that if i can buy a new condo or a new EC?Does it possible to rent out a new EC within the first 5 years?
Thank you!
cecilia
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4 Answers

Morning Cecilia,

I believe you are the current new owner of the HDB unit. Under the ruling, you have to sell off your condo, within 6 months timeline.
You will need to fulfill the Minimum Occupation Period of 5 years, before you can buy another private property.
As new EC are also considered as HDB unit, you are not allowed to have both HDB and new EC, at the same time.

Do feel free to contact me for further assistance.

Regards
Mike Lim
 96929209 
ERA Read More
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Dear Cecilla,

As long as you had fulfilled your MOP for your current HDB unit, you can purchase a new condon as and when.

However for a New EC,you would need to dispose off your current HDB unit when you take possession of the New EC.

Thanks.
Choo Jia Ming
B. Hons (EEE)
Savills Sales Director
HP: 9476 2732 
Email: jiaming.choo10@gmail.com
CEA Salesperson reg. no: R026370F Read More
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Hi cecilia, how long have u bought your hdb?
Is it fully paid up?
You can buy a condo but not a EC if you have meet the MOP period.
Feel free to give me a ring if you need more assistance.
Tricia Tan +65 92700867  Read More
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  • CP
    hi Tricia,

    Thank you for your reply.My HDB flat is bought in 2004.So i can buy another condo but not EC,right?

    Thanks!
    cecilia
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
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