Asked by li
Hi, I intended to sell off my 5room HDB flat, get a 3room and also another condo. Is there any rule that will restrict me from getting another property when i have a HDB flat?
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2 Answers
Hi Li,
Yes. There are restrictions. You cannnot do that.
The recent new regulation does not allow buyers of resale HDB to buy private property in the first 5 years.
In fact, within the first 5 years of owing the HDB, you cannot sell or rent it too.
You could however the following options;
1)renting out your HDB if you have met the Minimum Occupantion Period and rent a 3rm HDB.
2) Sell 5rm, buy private and rent HDB 3rm.
Please note that my sugestions might be subject to your other circumstances that i am not aware of and carries a certain high amount of risk.
You might need professional advice to execute it correctly.
Good luck! Read More
Yes. There are restrictions. You cannnot do that.
The recent new regulation does not allow buyers of resale HDB to buy private property in the first 5 years.
In fact, within the first 5 years of owing the HDB, you cannot sell or rent it too.
You could however the following options;
1)renting out your HDB if you have met the Minimum Occupantion Period and rent a 3rm HDB.
2) Sell 5rm, buy private and rent HDB 3rm.
Please note that my sugestions might be subject to your other circumstances that i am not aware of and carries a certain high amount of risk.
You might need professional advice to execute it correctly.
Good luck! Read More
Hi Li,
If you need any assistance, feel free to contact me.
Cheers,
William Koh
9027 1972
willkck@gmail.com
www.GuruSg.com
ERA Read More
If you need any assistance, feel free to contact me.
Cheers,
William Koh
9027 1972
willkck@gmail.com
www.GuruSg.com
ERA Read More