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Hi Guru, I am Wee. My husband and I currently own a resale flat from July 2010 till now. We applied for the BTO January 2012 from HDB, this project will be finished by 2015. With the condition as following, are we eligible to by the condo in 2013 ? Please advise, we looking on 2 beds, 600K max, near MRT. Thank you very much. Please leave your email for me to contact as I am oversea now.
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1 Answer

Mike Lim
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Morning Mdm Wee,

As per the contract and agreement being signed, between HDB and you, it's clearly stated that you are not to take interest on other properties, till fulfilling MOP from key collection. By buying a condo will render that you have given up your chance on the BTO unit, along with the deposit and further possibilities of getting another BTO unit.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
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