Dear sir/madam,
In most cases, 6 months is more than enough to sell a property. I have a client who mentioned to me that there is never a property that cannot be sold but rather not sold due to the pricing. If you have made genuine efforts to market your property for sale but there is no buyer or offer, I would suppose that the authorities will be understanding to allow extension to this period. This is also applicable to Singapore Citizens purchasing a HDB and have a private residential property on hand. Once HDB purchase is done, the purchaser will need to observe the Minimum Occupation Period before allowed to purchase any private residential properties regardless local or overseas. I hope that the above clears your doubt.
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Regards,
Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
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