AskGuru Q&A Community

Hi Anthony,

Have your HDB flat fulfilled the MOP requirement?

Only when your HDB flat has MOP then you are eligible to purchase a second property in Singapore.

In regards to your capablitiy and affordibility of the next property, why not i request a few of my bankers to advise you on it?

Looking forward to hear from you soon!

Warmest Regards,
YT Tan
ECG Property
M: (+65) 9111 5171 
E: yt.lovelyhomes@gmail.com Read More

Hi Anthony,

1. Once you have finished the MOP of HDB, you can purchase a condo as your 2nd property. If you do not have any outstanding housing loan, bank loan is 80%. If yes, bank loan is 60% only.

2. $1500 as monthly installment is possible, if you rented out your HDB (after MOP). You can use the rental of your HDB + your $1500/mth for the installment of your condo.

Please feel free to drop me an email or call me directly for a non-obligation discussion, if you still have further questions. Alternatively, we can also meet up to discuss
at your convenient time and place.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More