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Hello everyone,

Me and my wife [both SPR's] own a HDB apartment with the loan fully paid. I would like to buy a condo and keep my HDB to rent it out.

1. Is the above possible?
2. Can I do this if I have obtained Singapore citizenship?
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4 Answers

Hi, yes you can purchase a condo and rent out the current hdb unit only if one of you becomes a citizen.

Regards
Aaron
 97308455 
aaronchong2774@yahoo.com.sg Read More
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Evening,

In order to keep your HDB unit for rental and stay in your second property, one of you have to be SC. If you intend to purchase the second property as SPR, you will be required to sell your HDB unit within 6 months from key collection.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi,

1 of the hdb owner needs to be an SC and the MOP must have been fulfilled, then you can keep both HDB and private condo. Thanks and may I assist further?

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More
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Hi,

That will be possible, if one of you become a Singapore Citizen. 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.

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

About Me-

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