Asked by
Hi there,
I understand that a 5 yr MOP is required before a hdb flat owner is allowed to invest in private properties.

My parents bought their executive flat in 2000 but added my name as owner in 2009... So am I within the MOP or have I fufilled the MOP?

What is the typical price / rental for a studio apartment right now?
0
687 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

J.A. Goh 吴永益
Hi Faith,

If your name is added in 2009, and if it is under HDB loan, the MOP is 2.5 yrs. You might already fulfilled the MOP by now. Look back to check with month of 2009 your name was added.

Before 5 March 2010, MOP is 2,5 yrs (HDB loan) and 1 yr (if taking bank loan).

Studio rental varies depending on locations. You can get one at $2K to $2.5K.

Please feel free to drop me an email or call me directly for a non-obligation discussion. 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
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions