AskGuru Q&A Community

Hi Ms Bong,

As long as there is a SC in the formula, you are allowed to buy 2nd private property upon completion of MOP.

Even if you are only listed as occupier in your HDB flat. You are NOT allowed to purchase private property within MOP.

You will need to pay ABSD of 5% for 1st property.
However, if both of you are listed as owner for current HDB flat, then there is a difference in terms of cost.

Using your husband name in 2nd property needs to pay 7% ABSD.
Using your name in 2nd property needs to pay 10% ABSD.

You may use the following link to understand when you can purchase your private property.
https://services2.hdb.gov.sg/webapp/BP21NonPortalWeb/jsp/InvstResi/BP21PInvstResi.jsp

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More

Hi,

I regret to inform you that you will not be eligible to purchase a second private condo, as you have not yet met your MOP.

You can however look into commercial properties, as they do not have such restrictions.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More