5 Answers

YT Tan (陈永达)
Good morning Rong Sheng,

Your parents are eligible to purchase a private property be it in Singapore or overseas provided they fulfilled MOP of their flat (they done so) and at least one of them is Singaporean.

How come they are looking at overseas properties? due to ABSD?

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
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0
Good morning Rong Sheng,

Once the 5 years MOP are fulfilled, the owners can purchase private property be it local or overseas. May I know any particular reason why they are looking at overseas property?

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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0
Hi Rong Sheng,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes no issue with your parent purchasing overseas property as long as they met the MOP.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi Rong Sheng,

As long as MOP is fulfilled, they can buy foreign property.
Feel free to contact me if need more information or clarification.

Regards,
Kim Peh, ERA
mobile: 96734521 
email: kimpeh88@gmail.com Read More
0
Hi Rong Sheng,

1) As long as one of your parents is a Singapore Citizen, they will be allowed to purchase a private residential property locally or overseas after meeting their HDB MOP.
2) However, I would recommend your parents exercise extreme caution in overseas property investment.
3) They have to fully understand the risk in overseas property investment.
4) They have to fully understand the policy and local consumption habits and preferences on their property.
5) Overseas property is different from the Singapore property market, most of the things that happened here might not happen overseas.
6) Your parents must also be well versed in that country's economic situation, political environment, population statistics, etc.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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