AskGuru Q&A Community

Hi Ziyu,

Yes, you can buy private condo and still keep your HDB, since you have already stayed for 15 yrs, and believe you have fulfilled the MOP.

On recent new rules, as you are PR, your Stamp Duty when you buy the condo would be (6%-$5,400).

Let me know if you are serious searching for a condo, I can assist you. 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

Afternoon Ziyu,

Under eligibility scheme, if you purchase the unit under open scheme, with both being PR, losing that right would result in the need to sell off your current holding unit. If you purchase it with SC spouse or currently having SC or PR children, that might be another possible alternative out.
Being PR and fulfilling the MOP, you are eligible to purchase private property, without selling your current HDB unit.

FYI
Mike Lim
 96929209 
ERA Read More

Hi Ziyu,

By default, if you lose your PR status, you need to observe the timeline given to sell your HDB since HDB is public housing for citizens and PR.You'll need to find out in details with HDB what are the regulations for that.

As for private housing, you are eligible to purchase since you have met your MOP and as JA Goh has mentioned, you'll need to take note of the ABSD as it'll be your 2nd property. In addition,if you're still servicing your HDB housing loan, you'll only be eligible to loan up to maximum 60% for your private property. Alternatively,you may wish to consider selling your HDB to purchase a private housing?

Should you require any assistance,I'm available to help.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

Welcome owner/Landlord to list through us

Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Shalom

Bless n Warm Regards

Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG

All welcome Read More