Unfortunately you have to fulfil MOP of 5 years before you can purchase your next residential property (condo). Also, SPR households definitely have to sell their HDB if they are purchasing a private property. Thanks and hope to have the opportunity with you when your plans are ready.
Ivan Ng ERA ASAP
(ASk Anything Property)
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First, you must meet your MOP period. Whether you can move to a condo without staying in a rent home is a matter of planning.
Currently, I am assisting an SPR/SPR household to sell their HDB flat and buy a condominium.
If you like, you may call 9620 0827 or email to email@example.com to explore further your options.
As mentioned by my fellow professionals, you will have to fulfill MOP first before you can ink on the OTP for your purchase.
Do take note that you have to sell your HDB within 6 months from the purchase completion as both of you are SPRs.
If you prefer not to shift houses too many times, I can assist you in requesting for temporary extension from the buyer and shorten the completion duration for purchase so everything will be smooth sailing.
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YT TAN 陈永达 | ACCA Graduate, RES
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Propnex Realty Pte Ltd
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There is provision of maximum 3 months extension after the completion of your HDB for you to stay on while the renovation works progresses for your purchase of condo if there is any need. The extension period should be agreeable by the purchaser of your HDB. The above is based on the existing regulations for HDB sale.
With such arrangement, there should be enough time frame to get all things moving as per your plans. If your finances allow, you may also make your move in the purchasing once your buyer exercises the Option to Purchase for your HDB.
Nevertheless, it is still quite premature to start looking around but more importantly getting your finances ready when 2018 arrives.
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