5 Answers

Hi Thomas,

For private property such as condo, there is no MOP to be met. You can rent it out or sell it immediately after purchase.

However, for Executive Condo (EC) purchase from Developers, you need to physically occupy it for 5 years before you can or sell it out.

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

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Diane Ong 王慧芳
Hi,

You can go ahead to rent or sell your condo immediately after TOP. You may be subject to seller's stamp duty depending on the holding period.

Please call me at 8866 7000  for a non-obligatory discussion.

Regards,

Diane Ong ERA
 8866 7000  Read More
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Mani Subramanian Veeramani
Dear Mr. Thomas Cai

Check it out this useful post...

https://www.linkedin.com/pulse/condo-sellers-guide-101-mani-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/download-checklist-sellers-hdb-ec-condo-mani-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/download-checklist-landlord-hdb-ec-condo-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/renting-out-condo-guide-landlord-mani-subramanian-veeramani?trk=mp-author-card

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Mani
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Hi Thomas, for private condo, there is no MOP period before you decide to rent it out unless it is an EC. As for selling wise, you may like to check whether has your condo unit gone past a four years period so as to not incur seller stamp duty. Pls feel free to let me know if you need any assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Joanne Chia 谢诗琳
Good day Mr Thomas Cai .

As per your question , you can rent out your condo anytime after you collect key of your condo .

You can sell your condo anytime but preferably after 4 years from purchase to avoid taxes SSD sellers stamp duty .

Kindly contact me for a no-obligations chat for your property needs .

My charges are 1% commission for exclusive ( sole agent ) selling rights to your property , or 2% for open listing ( many agents ) .

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More
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