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Good morning buyer,

Let me help you with this.

Private properties are unlike HDBs, you dont have to fulfill any minimum occupation period and you can sell off anytime BUT...

if you sell within 3 years of ownership, there will be seller's stamp duty payable.

within 1st year - 12%
within 1st to 2nd year - 8%
within 2nd to 3rd year - 4%

As for the 30 months waiting period, it is only applicable for BTOs and new ECs. It's not applicable to resale ECs. Resale ECs are considered semi privatised (5 to 10 years old, only SC or SPR can buy) or privatised (more than 10 years old, foreigners can also buy).

After observing 30 months waiting period and if both are eligible for BTO or new ECs according to HDB schemes, housing grants will be granted if eligible.

Hope my explanation helps!

May I know how can I value add further in your property purchase?

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
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Good morning,

Resale EC and private properties do not need to fulfill the MOP requirement. However, if you opt to sell it within the first 3 years, you need to consider about the SSD payable.
When your spouse obtain SPR and relinquish himself of the property ownership, you can purchase resale HDB unit immediately. However, you will need to wait for 30 months if you are looking at BTO.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi,

There is no MOP to meet for resale ECs or condos, just that if you sell within 3 years, sellers stamp duties will be applicable. The 30 month wait out period after selling condo only applies if you are going for subsidized housing (ie. BTO or EC). For hdb resale there is no need to wait out. You be considered 1st timer if you have not taken subsidies before.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
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(Client's Testimonials)

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-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.

He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.

When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :)

-- HDB 5-rm Sellers Mr. & Mrs. Ting --

We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.

He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.

He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.

Thanks, Ivan. Keep up the good work! Read More

Hi,

I see your concerns, below are the straight answer to your questions:
(1) resale EC & private property has no MOP. You may sell anytime you deem right, only subject to SSD (seller stamp duty) for the 1st 3 years.

(2) With regards to PR status to buy HDB (only resale). Your citizenship is also crucial.
If you are Singapore citizen (SC), you & your spouse may purchase resale HDB now, under Non-citizen scheme, with the condition to dispose overseas property within 6 months upon completion.
If you are not SC, then you are not eligible to buy HDB, only private, subject to ABSD.

(3) Only when applying for BTO/DBSS/new ECs where there is a 30 mths waiting period.
There are no waiting period for resale HDB, as long as the private property is disposed within 6 mths upon completion.

(4) As long as this is the 1st subsidized flat, you are considered as 1st time buyer.

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 Read More