Asked by
Hi Gurus,

We are PR and completing 3rd year by this year end. We are planning to buy EC or HDB.

I have below questions . please clarify
1. Can I buy EC in next few months and then after 5 to 10 years stay in EC. Then Will I eligible to buy HDB as second property with out selling the EC unit?
2. Can I buy HDB next year and then after 5 years stay in HDB. Then Will I Eligible to buy EC or Private Condo as second property with out selling the HDB unit?

I understand BSD and ABSD need to buy for first and second property..

Thanks
0
290 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

4 Answers

Robbie Chen Chee Howe
Hi,

As SPR/SPR household, you will be required to dispose off your HDB flat should you purchase a second residential property after serving the 5-year MOP. You cannot hold onto and rent out your HDB flat.

However, if you purchase a resale EC, you do not need to serve any 5-year MOP, as it is considered a private property. You can also buy another residential property without having the need to sell off your existing property. You can also choose to rent out the property.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require 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 in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
0
Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, both you and your spouse can purchase resale EC anytime from now without having to wait till the end of the year.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi Sir/Madam

I will be glad to assist
I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
0
Hi

To buy a new EC, you will need a Singaporean. 2 SPRs can buy a resale EC (5years and above) from the open market.

If you buy a resale (5 years old and above) EC, you can buy another private condominium as a 2nd property; owning 2 properties.

If you buy a resale HDB, you will have to dispose of the HDB flat as your status residency is SPR, only SC is allow to keep the HDB flat; if you intend to buy a private condominium.

You may text 9620 0827  for a casual chat.

Warmest regards.

Gavin Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions