4 Answers

Ivan Ng
Replied
Hi Sam,

Once you purchase a resale HDB, you need to wait out a 5 year MOP (Minimum Occupation Period) before you can purchase another residential property (either new EC or BTO). By then definitely you would have met both the 30-month wait out period & the MOP period.

It doesn't matter if you can pay down the property fully or not, the MOP of 5 years will apply once you purchase resale HDB for 5 years.

Your options now would be to get a resale HDB or a private condo (new or resale). Both you can purchase immediately.

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

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Samuel Ong
Replied
Hi Sam
I have just handed a similar situation like yours and would like to provide you with my added value services. By the way the couple got their new BTO flat.

You may contact me for a no obligation discussion.

Samuel Ong (HP 8202 2828  )
Senior Marketing Director
ERA REALTY NETWORK PTE LTD
MBA, Cert-in-CEHA (SISV)
Postgraduate Diploma in Marketing (CIM,UK)
Certificate in Marketing of Commercial Properties (SEAA) Read More
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Mark Ng S W
Replied
Hi Sam

Yes, you can after 30 mths, for HDB you would need to fulfill 5 yrs to invest in private property. Do contact me at 97970200  to discuss more on your requirements as i have a solution you can consider

Mark, your RIGHT choice
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Mike Lim
Replied
Afternoon Sam,

Do note that once you purchased resale HDB unit, you are required to fulfill 5 years MOP before you are eligible to purchase the next property. This is regardless of BTO unit or private condo. With the MOP requirement, even should you opt to pay by cash or CPF in full, you are still required to fulfill the MOP requirement.

FYI
Mije Lim
 96929209 
m52i@yahoo.com
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