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Asked by Ms. CK 17 Sept 2010

Hi Experts, I own a non-subsidized hdb flat since 1996 and still have an o/s hdb mortgage loan. I've been living overseas and the flat is approved for subletting a large portion of the time. I'm confused abt the new rules regarding pte investment. (1) Under the old rules, non-sub hdb lesees are allowed to buy pte pty anytime during MOP (2-1/2 yrs). Does this old rule apply to my case today?
(2) My husband is a foreigner and is the sole occupier in my flat. Can we both be joint buyers of pte pty? Any restrictions on either one of us (I'm sole owner)? Your answers will be appreciated. Thanks Ms. CK

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3 Answers

Previously Asked Questions

Brandon Aw ERA · Answer 1 · 2010-09-17T11:14:52+08:00

Brandon Aw ERA

Replied 17 Sept 2010

Dear Ms. CK,

As your flat was rented out most of the time, the hdb approval does not constitute to fulfilling the MOP period.

It is best to contact HDB to check if your case on whether has your hdb flt fulfilled its MOP.

Both you and your husband (Foreigner) can be joint buyers of pte pty.

Cheers,
Brandon - ERA Marketing Director
HP: 8233.23.23
Email: aw.brandon@gmail.com Read More

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Lee Chun Peng Adnic · Answer 2 · 2010-09-17T12:42:23+08:00

Lee Chun Peng Adnic

Replied 17 Sept 2010

Hi Ms CK,

Yes the best answers is from the HDB, and I can help you to call them to ask about your case.

Most importantly is for us to get in touch so I can know more about your situation and then revert.

Indeed new rulings has not only confused Owners and Agents too, we too have to verify with HDB, URA and IRAS from time to time until things are ironed out.

Do contact me at 96722265 Read More